What Does a Chief Risk Officer Do?

Yang Dongping, male, born in October 1956, Han nationality, Yixing, Jiangsu, born in military cadre, joined the Bank of Communications in May 1989. Member of the Party Committee and Chief Risk Officer of the Bank of Communications. ^[1]

Yang Dongping

(Chief Risk Officer, Bank of Communications)

In December 2016, the Bank of Communications held an annual risk working meeting. Yang Dongping, the Bank's chief risk officer, did not attend because it was under investigation by relevant departments. It was caused by the problems found during the two-month special inspection of the Bank of Communications conducted by the Central Inspection Team at the end of 2015. ^[1]

On February 24, 2017, with the approval of the Central Committee of the Communist Party of China, the Central Commission for Discipline Inspection of the Communist Party of China carried out a case review of Yang Dongping, a member of the Party Committee and chief risk officer of the Bank of Communications, for serious violations of discipline.

After investigation, Yang Dongping was a party member leading cadre. His ideals and beliefs were shaken, his disciplinary awareness was weak, he violated political discipline, and he resisted organizational censorship. He violated integrity and discipline, and used his authority and influence to help private business owners obtain loans. He and his relatives Make a profit from it. According to the "Regulations on Disciplinary Actions of the Communist Party of China" and other relevant regulations, after being studied by the Standing Committee of the Central Commission for Discipline Inspection and reported to the Central Committee of the Communist Party of China for approval, it was decided that Yang Dongping should be expelled from the party and dismissed from public office; ^[3]

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