Chang Zhenming (CFP)	Tian Guoli (CFP)

Chang Zhenming, former Vice-Chairman and President of CITIC Group (formerly China International Trust and Investment Corporation), has succeeded Kong Dan, who retired after 10 years in CITIC Group, as the group's chairman and Party secretary. Tian Guoli has been appointed vice-chairman, president and vice Party secretary of CITIC.

Chang, 54, holds an MBA from the College of Insurance in New York. He started working for CITIC Group in 1983 and became its vice president in 2003, and president and vice-chairman in 2006. He was president of the China Construction Bank (CCB) from 2004 to 2006.

Tian, 50, was the assistant to the president of the CCB from 1997 to 1999. He began working in China Cinda Asset Management Corporation in 1999 and was its chairman from 2004 to 2010.

The CITIC Group was established in 1979. It has attracted and utilized foreign capital, introduced advanced technologies, and adopted advanced and scientific international practices in operation and management since its start. The company has grown into a large transnational conglomerate.