Financial front-line news on May 13elfslots, the State Financial Supervision and Administration issued a reply on the qualifications of Wang Xiaoyong of Minsheng Bank, approving Wang Xiaoyong's qualifications as president of China Minsheng Bank Co., Ltd.

According to public information, he was born in 1970 and graduated from Beijing Normal University in 1991 with a bachelor's degree. In 1996, he received a master's degree in accounting from the Central School of Finance and Finance. In 2013, he received a doctorate in management science and engineering from Tianjin University. He is a senior economist. From June 2006 to September 2016, he successively served as assistant to the general manager of the Risk Monitoring Department of China Construction Bank, deputy general manager of the Credit Management Department, deputy president of Shandong Province Branch, and deputy president of Gansu Province Branch. From April 1996 to June 2006, he successively served in the Audit Department, the Office of the Risk and Internal Control Management Committee, and the Risk Management Department of China Construction Bank. From September 2016 to February 2024, he successively served as President of China Construction Bank's Chongqing City Branch, General Manager of the Channel and Operation Management Department, and President of Sichuan Province Branch. In March 2024, he served as Deputy Secretary of the Party Committee and President of China Minsheng Bank.