Lou Wenlong (Chinese: 楼文龙; born January 1958) is a former Chinese banker who served as vice governor of the Agricultural Bank of China from 2012 to 2017.[1] He was investigated by China's top anti-graft agency in April 2024.[1]

Lou Wenlong
楼文龙
Vice Governor of the Agricultural Bank of China
In office
December 2012 – 18 April 2017
GovernorZhang Yun
Zhao Huan [zh]
Personal details
BornJanuary 1958 (age 66)
Zhuji County, Zhejiang, China
Political partyChinese Communist Party
SpouseWu Xiaomin
Alma materZhejiang Financial College
Chinese name
Simplified Chinese
Traditional Chinese
Transcriptions
Standard Mandarin
Hanyu PinyinLóu Wénlóng

Biography

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Lou was born in Zhuji County (now Zhuji), Zhejiang, in January 1958.[2] After the high school, he studied, then taught, at what is now Zhejiang Financial College.[3]

Thereafter, Lou successively worked in the Zhejiang Branch of the People's Bank of China and the Shanghai Branch of the People's Bank of China.[3] In November 1998, the People's Bank of China implemented a management system reform, abolished provincial-level branches, and established nine branches across provinces (autonomous regions or municipalities), namely regional branches.[3] The Shanghai branch of the People's Bank of China (now the Shanghai Headquarters of the People's Bank of China) was the first to establish a regional branch, and at the same time, financial supervision offices in both cities of Hangzhou and Fuzhou was established to supervise financial institutions within its jurisdiction.[3] Lou was transferred to the position of director and assistant commissioner of the Bank Inspection Department of the Hangzhou Financial Supervision Office.[3] In 2002, he was transferred again to Beijing and appointed as deputy leader of the Construction Bank Supervision Group under the First Division of Bank of China.[3] He was promoted to director of the No.2 Banking Supervision Department of the China Banking Regulatory Commission.[4] He was director of the Beijing Supervision Bureau of the China Banking Regulatory Commission in February 2009, in addition to serving as party secretary.[4] In August 2012, he became a member of the senior management team of Agricultural Bank of China was elevated to vice governor in the following month.[4] He resigned on 18 April 2017.[2][4] In October 2019, he took office as president of Zhejiang Entan Industrial and Financial Research Institute.[5]

Family

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Lou married his alumni Wu Xiaomin (吴晓敏), who previously served as general manager of the Investment Banking Department of Guosen Securities.[5]

Investigation

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On 16 May 2024, Lou was suspected of "serious violations of laws and regulations" by the Central Commission for Discipline Inspection (CCDI), the party's internal disciplinary body, and the National Supervisory Commission, the highest anti-corruption agency of China.[6][7][8] Lou's alumni at Zhejiang Financial College, including Wang Yaoting (王耀庭), former vice governor of Huaxia Bank, Li Jun (刘军), former governor of Chengdu Rural Commercial Bank, He Xingxiang, vice governor of the China Development Bank, and Ni Xianmeng (倪贤孟), vice governor of the Zhejiang Branch of China Development Bank, were sacked for graft.[3] And his superiors and colleagues, such as Cai Esheng (Assistant to the Governor of the People's Bank of China), Tang Shuangning (director of the No.1 Supervision Department), Cai Jiangting (director of the No.2 Supervision Department of the No.2 Banking Supervision Department), and Lai Xiaomin, were also sacked for graft.[3]

References

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  1. ^ a b Yang, Zekun (2024-05-16). "Former VP of Agricultural Bank of China under investigation". Chinadaily.com. Retrieved 2024-05-20.
  2. ^ a b Yan Jin (闫瑾); Liu Shuangxia (刘双霞) (2017-04-19). 农行公告:因工作变动,楼文龙请求辞去副行长等职务. thepaper (in Chinese). Retrieved 2024-05-20.
  3. ^ a b c d e f g h Yu Yan (俞燕) (2024-05-17). 俞燕: 楼文龙,时隔12年“前腐后继”. sina (in Chinese). Retrieved 2024-05-20.
  4. ^ a b c d 楼文龙,被查. qq.com (in Chinese). 2024-05-16. Retrieved 2024-05-20.
  5. ^ a b Hu Zhiting (胡志挺) (2024-05-16). 66岁农行原副行长楼文龙被查,曾任原北京银监局局长. thepaper (in Chinese). Retrieved 2024-05-17.
  6. ^ Wu Xiaomeng; Han Wei (2024-05-17). "Ex-Vice President of Agricultural Bank Under Graft Probe". caixingglobal.com. Retrieved 2024-05-20.
  7. ^ Jiao Peng (焦鹏) (2024-05-16). 中国农业银行原党委委员、副行长楼文龙接受中央纪委国家监委纪律审查和监察调查. xinhuanet.com (in Chinese). Retrieved 2024-05-20.
  8. ^ 中国农业银行原副行长楼文龙被查 辞职已7年. caixin.com (in Chinese). 2024-05-16. Retrieved 2024-05-20.