Recently, there have been reports that Lin Jingzhen, former deputy chairman of the Bank of China, has been investigated. Lin Jingzhen resigned from his positions as executive director and deputy chairman of the Bank of China earlier this year, after serving at the bank for at least 37 years, overseeing various core departments including international, corporate, and personal banking.
According to a notice from the Central Commission for Discipline Inspection and the National Supervisory Commission of the Communist Party of China on September 9th, Lin Jingzhen, former member of the Party Committee and deputy chairman of the Bank of China, is suspected of serious violations of discipline and law, and is currently under disciplinary review and investigation by the authorities.
Last Monday (September 1st), the “Financial Frontline” reported that Lin Jingzhen, the former deputy chairman of the Bank of China, was suspected of being missing. When the media reporter tried to contact Lin Jingzhen on his mobile phone, the phone was switched off.
Public records show that Lin Jingzhen was born in May 1965 in Wanchuan Town, Huian County, Quanzhou City, Fujian Province, and graduated from Xiamen University. He joined the Bank of China in 1987.
From October 2010 to March 2014, Lin Jingzhen served as the General Manager of the Financial Headquarters (Corporate Business) of the Bank of China; from March 2014 to May 2015, he was the General Manager of the bank’s finance department; from May 2015 to January 2018, he was the Vice President of Bank of China (Hong Kong) Holdings Limited.
In 2018, Lin Jingzhen returned to the head office as deputy chairman, and also served as Chairman of Bank of China International Holdings and Bank of China International Securities. From August 2018 to January 2025, he was also a non-executive director of Bank of China (Hong Kong) Holdings Limited.
On January 7th this year, the Bank of China announced that it had received Lin Jingzhen’s resignation due to age reasons, stepping down from the positions of executive director, member of the board’s Corporate Culture and Consumer Rights Protection Committee, member of the Risk Policy Committee, and deputy chairman of the bank.
In the same month, Bank of China (Hong Kong) announced that Lin Jingzhen had resigned from his positions as non-executive director and member of the Strategic and Budget Committee of the company and the bank due to age reasons.
However, when Lin Jingzhen resigned, he had not reached the age of 60, which is the retirement age limit.