The Postal Savings Bank of China Sichuan Branch welcomes its new President, Li Guolu, who was previously the President of the Chongqing Branch.

Operator Finance Network Zhang Yundi / Written by

In the recent reshuffle of mid-level personnel at Postal Savings Bank, the Sichuan branch has welcomed its newly appointed president, Li Guolu, drawing the attention of Operator Finance Network.

In his early years, Li Guolu worked for a long time within the Fujian system of Postal Savings Bank. He previously served as deputy general manager of the Credit Department of the Fujian branch, among other roles. As early as 2009, he wrote a thesis titled “Investigation and Analysis on Small Loans Supporting ‘Agriculture, Rural Areas and Farmers’—Taking the Fujian Branch of China Postal Savings Bank as an Example,” analyzing the current development status and the difficulties facing the small-loan business, and putting forward suggestions and measures for serving “agriculture, rural areas and farmers” more effectively in the next stage.

After that, Li Guolu was appointed president of the Sanming branch of Postal Savings Bank. Around November 2017, he was reassigned as president of the Fuzhou branch of Postal Savings Bank. In October 2020, he was further promoted to deputy president of the Fujian branch.

In February 2024, Li Guolu took up a new role across provinces, being reassigned to Chongqing to serve as the “top leader.” During his time in office, Li Guolu did very well, showing outstanding business capabilities.

Data show that over the past two years, the increment in loans of the Postal Savings Bank Chongqing branch has exceeded 30 billion yuan, with its growth rate ranking first among local major banks; the net increase in loans to the real economy has exceeded 35 billion yuan, with its increment ranking eighth in the city, and its growth rate is also leading among major banks. In addition, during Li Guolu’s tenure, he led the branch to innovate, introduce, and then upgrade the Postal Savings “Yu” series of financial services, systematically solving common issues in inclusive finance such as “insufficient supply, high operating costs, and difficult risk-control” problems.

It is worth mentioning that while business developed rapidly, in March last year, the Postal Savings Bank Chongqing branch was also fined 2.6 million yuan due to multiple illegal facts, including that the “three checks” on loans were not properly carried out, loan risk classification was inaccurate, the scale was artificially inflated, and the review of the trade background was not strict. This administrative penalty notice is also a reminder to Li Guolu that while promoting business growth, he must further strengthen internal control and compliance management.

In the recent reshuffle of mid-level personnel at Postal Savings Bank of China, Sun Dong, the former president of the Sichuan branch, was reassigned as a senior manager; Li Guolu took over the position and assumed his new role.

Liu Qing, Director of the Financial Department of Operator Finance Network, believes that Sichuan and Chongqing are geographically close and have strong economic ties. Li Guolu’s cross-provincial reassignment will help carry forward regional experience. Operator Finance Network will continue to follow Li Guolu’s subsequent developments.

(Editor: Zhang Yundi)

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