Hangzhou Bank President Zhang Jingke Officially Takes Post; His Compensation as Vice President Already Reached 2.5257 Million

Operator Finance Network Zhang Yundi / Text

Recently, Hangzhou Bank announced that the Zhejiang Regulatory Bureau of the China Banking and Insurance Regulatory Commission has officially approved Zhang Jingke to serve as the bank’s president. This marks the end of a nearly 11-month vacancy for the position.

Before officially taking on the role of president, Zhang Jingke served as vice president of Hangzhou Bank and concurrently as General Manager of the Human Resources Department, deeply involved in the bank’s management system and talent development.

Public information shows that in 2024, during his tenure as vice president, Zhang Jingke received a pre-tax salary of 2.5257 million yuan, the highest among the bank’s executives that year. It is currently unknown what his salary will be after his promotion to president, but it is likely not to be too low.

However, behind the high salary, Zhang Jingke faces significant operational pressures.

Looking at the bank’s performance since taking over, Hangzhou Bank delivered a quite impressive report card in 2025. The performance quick report shows that in 2025, the bank achieved a net profit attributable to shareholders of listed companies of 19.03 billion yuan, a year-on-year increase of 12.05%, continuing double-digit growth. The non-performing loan ratio was 0.76%, maintaining top-tier asset quality in the industry. Its total assets exceeded 2.36 trillion yuan, an 11.96% increase from the end of the previous year.

However, revenue was under pressure. In 2025, Hangzhou Bank’s operating income reached 38.799 billion yuan, a mere 1.09% increase year-on-year, significantly down from 9.61% in 2024, and further declined compared to the 1.35% growth in the first three quarters of 2025, hitting the lowest level in recent years.

More concerning is the increasingly fierce competition with regional banks. By the end of 2025, Ningbo Bank, also in Zhejiang, had total assets of 3.63 trillion yuan; Jiangsu Bank, in the Yangtze River Delta economic zone, approached 5 trillion yuan in total assets, and Nanjing Bank also surpassed 3.02 trillion yuan. In comparison, Hangzhou Bank, with just over 2.36 trillion yuan, still has a long way to go.

Kang Rui, Deputy General Manager of Operator Finance Network, believes that Hangzhou Bank has a solid foundation, and under Zhang Jingke’s leadership, catching up with other banks in the Yangtze River Delta is only a matter of time. Operator Finance Network will continue to monitor the bank’s subsequent developments.

(Editor: Zhang Yundi)