Ren Deqi

Ren Deqi (Chinese: 任德奇; pinyin: Rén Déqí; born 1963) is a Chinese banker and business executive who served as chairman and executive director of Bank of Communications Co., Ltd. (BOCOMM), one of China's largest commercial banks, from 2020 to 2025. He is also chairman of the Shanghai Financial Industry Association. He is a member of the 14th National Committee of the Chinese People's Political Consultative Conference. He is a representative of the 20th National Congress of the Chinese Communist Party.^[1]

Born in 1963 in Hunan, Ren graduated from Tsinghua University with a master of engineering degree in 1988.^[2]

Ren began his career in 1988 and held various positions in China Construction Bank (CBC)'s credit management and risk control departments.^[2] Between 2003 and 2014, he served as: deputy general manager of Credit Approval Department, general manager of Risk Monitoring Department, general manager of Credit Management Department, president of Hubei Provincial Branch, and general manager of Risk Management Department.^[2]

In July 2014, Ren was appointed vice president of Bank of China (BOC).^[2] He later was chosen as an executive director in December 2016. During his tenure, he also held additional roles, including: non-executive director of Bank of China (Hong Kong) Limited (2015–2018) and head of BOC's Shanghai RMB Trading Business Headquarters (2016–2018).^[2]

In June 2018, Ren joined the Bank of Communications as deputy party secretary.^[2] Two months later, he became vice chairman, executive director, and president (CEO) of the bank.^[2] He was promoted to party secretary, the top political position in the bank, in December 2019.^[2] In January 2020, he was made chairman of the board, succeeding Peng Chun.^[2][3]