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published in(发表于) 2014/6/11 10:51:45
Guotai Junan CEO resigns, his wife with children holding a foreign passport

Guotai Junan CEO resigns his wife with children holding a foreign passport guotai Junan | | naked officials _ news July 8, 2010, guotai Junan International Holdings Limited listed on the Hong Kong stock exchange. Guotai Junan International Holdings Limited Chairman Zhu Youyi (left), Director of the Shanghai Municipal Office of finance Fang Haixing (middle), guotai Junan International Holdings Limited Chen Geng, Chairman and non-Executive Director attended the listing ceremony

Review: "at least once, you forget yourself for someone, not for any results, no company, no ownership, not even asking you to love me. But in my most beautiful years, we met. "Yesterday, President Chen Geng affectionate guotai Junan's resignation speech was widely reprinted. Chen Geng's resignation has attracted attention from all sides, one coinciding with guotai Junan securities, IPO rush critical moments, and secondly, there is talk of his resignation due to "naked officials."


Guotai Junan securities official said yesterday that the Shanghai Municipal Party Committee, municipal finance Working Committee of the party according to the relevant provisions of the municipal management of State-owned enterprise leaders, respect the personal wishes, removed from the guotai Junan securities Managing Director, dismissed formalities according to relevant laws and regulations and also removed from his post as Deputy Secretary of the Party Committee. However, Chen Geng has served as Vice Chairman of guotai Junan securities. Obviously, this post is gone unfilled.


  Wife, children



All have foreign passports


Chen Geng to resign was cause for concern, because there is an argument, Chen Geng was because of "naked officials" issues from the securities industry executives to stand down "first person".


In fact, early in the evening of June 3, guotai Junan securities within the outgoing message, Chen Geng was due to "personal reasons" submitted his resignation. Since then, the media reports said Chen Geng's "personal reasons" and the return of "naked officials." Time, guotai Junan securities, are thrust into the forefront. At guotai Junan securities, into the final sprint of the a-share IPO link, Chen Geng then turned to leave the industry sob.


Earlier this year, the CPC Central Committee issued the work of selecting and appointing party and Government leading cadres Ordinance clearly cadre "Germany", which shall not contain was promoted six cadres of "naked officials."


News, financial circles, families and especially children, is very common in school abroad, holding a foreign passport. After the Spring Festival this year, many people chose to recall their family members. Meanwhile, Chen Geng was also reported family members, his wife and three children all have foreign passports. Chen Geng wife chose to return, are also still in the country. It is learnt that, in order to ensure their children's academic, Chen Geng did not call children returning from suspension. A source close to Chen Geng said, "and this time, he made great sacrifices for his family."


Chen Geng was born 1968 in Economics since 1990 to work, your first job is involved in the preparation of the Shenzhen Stock Exchange. From 1993 to 1996 he became listed on the Shenzhen Stock Exchange, July, General Manager, and participated in drafting China's first listing rules. In July 1996, Chen Geng joined the Junan securities, serving as Assistant to the President and General Manager of investment banking division. Guotai Junan securities and stock after the merger, Chen Geng successively served as Vice President of guotai Junan, Managing Director.


  Removal decisions



Announced by the Shanghai City Party Committee Organization Department


For the resignation of Chen Geng, guotai Junan securities later in the June 9 release of the document entitled "leadership adjustments" notice, said Shanghai Municipal Party Committee Organization Department, municipal financial Working Committee of the party leadership on June 9 to guotai Junan securities, announced that the company's leadership matters relating to adjustments.


As resigned causes whether is "nude officer", bulletin in the does not positive responded, only said, Chen Geng due to personal causes proposed resigned from guotai Junan securities President of applications, Shanghai municipal, and city financial party Working Committee according to municipal State enterprise leaders management related provides, respect personal wishes, decided from its guotai Junan securities President positions, and by related legal provides handle dismissed procedures; while from its party Deputy Secretary positions. Chen Geng has served as Vice Chairman of guotai Junan securities.


According to bulletin, Shanghai City financial party Working Committee led for Chen Geng of years work gives height certainly, said its "long-term engaged in operating and management work, familiar capital markets and securities company management business, professional quality good, in industry in the of influence and visibility high", "in recent years, Chen Geng led operating team members and company cadres employees, active should market competition, constantly promoted business innovation transformation, constantly deepening internal management mechanism reform, makes company operating performance keep good development situation, The overall strength of the company has always been ranked among the industry, the company made a positive contribution to the development of innovation ".


Prior to June 4, according to Chen Geng was "naked officials" resign, guotai Junan securities, said in a statement, Chen Geng, President of resignation for personal reasons post continued to serve as Vice Chairman. Currently being reported to the competent Department and Board of Directors for consideration and approval. Executives in the company changes will not affect the company's listing application.


  Farewell speech



Repeatedly referred to the family respect family choices


The afternoon of June 9, Lujiazui of Shanghai Bank building in Shanghai guotai Junan Headquarters conference room at the helm for 10 years a manager of Chen Geng, published an affectionate resignation speech.


According to the participants, starts his speech, Chen Geng said Wan Jianhua, Chairman of guotai Junan securities. "He said he imparted to his management experience and experience without any reservations. He and Tung four years of cooperation, is his most pleasant days in guotai Junan securities. ”


Beijing Youth daily reporter noted, mentioned several times in his speech, Chen Geng family, which referred to "without them, I can't come today. I respect their choice, "" it's time to spend more time with my family and spend time with them. "


Let people remember the most profound, Chen Geng is used to generalize a Xu Zhimo's poem: "at least once, you forget yourself for someone, not for any results, no company, no ownership, not even asking you to love me. But in my most beautiful years, we met. ”


Chen Geng said the same day he practice a decade ago when he was the President of the promises made in ten years, no personal interests, the honest autonomy, there is no clique.


Noteworthy is that Chen Geng's departure coincided with guotai Junan securities, IPO rush critical moments. And guotai Junan securities listing is what Chen Geng had been planning and advance, but party politics "when he can't Palm guotai Junan's helm. Participants said Chen Geng have also stated in his resignation speech, "listed" when it comes to listing from 2000 began to guotai Junan 's, rocky road, and Chen Geng, even some excitement. Insiders noted that the guotai Junan in upcoming change when President Chen Geng, unusual, and not just a "naked officials" so simple. Wulin to text/reporter Linda


(Original title: President of guotai Junan naked officials resign? )

16:39 on June 11, 2014 The Beijing Youth daily


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