Dr. Ma Weihua was an Executive Director as well as the President and CEO of China Merchants Bank, concurrently served as the Chairman of the board of directors for Wing Lung Bank Ltd., CIGNA & CMC life Insurance Company Ltd. and China Merchants Fund Management Co. Ltd.. He. holds a Ph.D. in economics. Dr. Ma was a Deputy to the 10th National People’s Congress (NPC)， a member of the 11th and the 12th National Committee of the Chinese People’s Political Consultative Conference (CPPCC). He is currently the president of Supervisory Board of Taikang Insurance Group Inc.. In addition, he holds positions in many organizations, including the chairman of the National Fund for Technology Transfer and Commercialization (NFTTC), chairman of the China Entrepreneur Club, chairman of China Global Philanthropy Institute, chairman of the One Foundation, and executive director of the China Society for Finance， and professor in several top Chinese universities including Peking University and Tsinghua University. He also served as People’s Bank of China Hainan Branch President and the State Administration of Foreign Exchange Hainan Branch Secretary.
He is now the Chairman of China Business Initiative of Columbia University, a member of the Advisory Council of City of London, a member of the advisory board of New York Financial Consulting Committee.
During his 14-year term as CMB’s President, Dr. Ma expanded its total assets, deposits, loans and net operating income by around 25 times with a compound annual growth rate(CAGR) of 25%, increased the number of outlets by 5.8 times and raised the number of employees by 7.5 times. Under his leadership, CMB’s owners’ equity increased by nearly 26 times with a CAGR of almost 26%; cost-to-income ratio decreased by 15%; non-performing loan(NPL) ratio went down from 20% to 0.66%; allowance coverage ratio went up from below 50% to 328%. CMB started out as a small regional bank in the southern city of Shenzhen. After 14 years of development during his term, CMB became China’s 6th largest and the world’s 44th largest bank with owners’ equity of over RMB 300 billion, total assets of RMB 4 trillion, over 50,000 employees. With its growing influence, CMB got listed in Shanghai and Hong Kong stock exchange and made it to the list of Fortune 500 Companies.
Dr. Ma has received numerous awards and recognitions from established institutions and media both domestically and internationally. He was named “China Economic Person of the Year 2001” by China Central Television (CCTV), one of the “Rising Stars of Banking” by The Banker in 2005, “China Business Leader of the Decade 1999-2009” by CCTV in 2009. He was awarded “Asia’s Best CEO”, “Asia’s Banking Industry Leader”, “Asia’s Best Banking President” and “Asia’s Excellent CEO” by Institutional Investor in 2007, 2008, 2009 and 2011 respectively. In 2012, Dr. Ma was included in the Excellence 50 List of China’s Listed Companies released by Harvard Business Review, awarded “China’s Overseas Investment Annual Figure” by CCTV and ranked at the fourth place in “China Influence List” released by Wall Street Journal. He was also named “Ernst & Young Entrepreneur of the Year 2012 China Awards”.