In Depth: Downfall of Everbright Securities’ Top Brass Reveals Legacy of Cronyism and Corruption

By Wang Juanjuan, Liu Ran and Tang Ziyi

2022年05月16日 12:46

Six board members and high-level executives at the brokerage have been dressed down for misconduct under the leadership of recently resigned Chairman Yan Jun

: Zhao Ling, an executive vice president of China Everbright Bank, is expected to take over as Everbright Securities’ chairman. Photo: VCG

Top leaders at state-owned Everbright Securities Co. Ltd. (601788.SH) have stepped down on suspicion of misconduct, shedding light on the chaos within the scandal-ridden brokerage’s management.

Yan Jun, chairman of Everbright Securities, and Liu Jiping, chairman of its supervisory committee, each submitted a letter of resignation, according to a statement that the brokerage filed to the Shanghai Stock Exchange on April 20.

　　[财新双语通产品，是为有双语需求读者专门订制的优惠产品，按此可享超值优惠订阅。]

版面编辑：喻竹杨洋

In Depth: Downfall of Everbright Securities’ Top Brass Reveals Legacy of Cronyism and Corruption

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