Another veteran in the securities industry has fallen! At only 53 years old, many talents have been lost in the financial circle this year. Industry insiders: The financial industry seems to be glamorous, but it is actually under pressure.

2021/09/2820:51:07 finance 2886

 It is regrettable. On the evening of September 27th, Li Yong, vice president of Essence Securities , died of illness at the age of 53 because of medical ineffectiveness.

   Since joining Essence Securities, Li Yong has been struggling in various business lines of Essence Securities for 14 years. During this period, he focused on a number of businesses, and set up the company's research and sales team to develop the new third board business, integrate the futures business, and develop the credit business.

   "Comrade Li Yong is a policy maker who is political, principled, good at planning, and daring to assume responsibility. He is also a executor who understands business, dares to develop, and is hardworking and capable." The colleagues of Essence Securities commented on this An important founder of the company's development.

   14 years of struggle in Essence Securities

   Li Yong is a securities industry veteran, born in January 1968, ancestral home in Shanxi, PhD in economics, studied at Peking University Department of Economics and Management, Business Administration School of Management, Guanghua School of Management.

Another veteran in the securities industry has fallen! At only 53 years old, many talents have been lost in the financial circle this year. Industry insiders: The financial industry seems to be glamorous, but it is actually under pressure. - DayDayNews

Figure / Baidu Encyclopedia

   According to the data, Li Yong initially worked at China Everbright (Group), China Everbright Bank (3.390,0.06, 1.80%), span_15.7902 Everbright Securities , 0.10, 0.64%). Later, he joined Essence Securities and served as the managing director and general manager of the sales and trading department, general manager of the research center, and general manager of the Beijing branch. Since August 2010, he has served as the company's vice president and member of the party committee.

   After joining Essence Securities in 2007, Li Yong began to recruit troops, set up a research team, and introduced a large number of well-known researchers in the industry in a short period of time.

   In the " new wealth " annual outstanding analyst appraisal, Essence Securities won 1 first place and 3 third places.

   At the same time, Li Yong formed a sales team and quickly signed trading seats with more than 50 fund companies, realizing a breakthrough in zero institutional trading commissions, and laying a solid foundation for the rapid development of Anxin's institutional business.

   From 2011 to 2016, Li Yong promoted the transformation of the company's brokerage business, innovated business models, developed the new third board business, and deepened the futures business to increase the contribution of the subsidiary.

   In 2016, he began to take charge of 's margin financing and securities lending business . At that time, 's two financing business entered a rest period after nearly 3 years of growth.

  According to the changes in the market environment, he guided the business departments to adjust their development thinking, adopted a series of countermeasures and achieved initial results. The business scale and income of the two financial institutions have achieved stable growth, and the market ranking has remained at about 12th.

   At the same time, it increased its efforts to develop the stock pledge business, and achieved substantial growth in scale and share, and ranked among the top ten in the industry.

   Beginning in 2019, he has actively deployed the securities lending business, clarified the business positioning, and promoted the company's securities lending business from small to large, with a rapid increase in business scale.

   Regarding Li Yong’s unfortunate passing away, Essence Securities expressed its deep condolences. Some insiders said: “He has the style of a wise man and guides the development of the company; he also has the style of a teacher to answer questions and doubts for our growth.”

In 2021, the financial circle has lost many talents

   In 2021, the financial industry has already lost many industry elites, some as young as 39 years old.

   On February 17, the 58-year-old Southern Fund Party Secretary and Chairman Zhang Haibo died of illness in Nanjing.

   According to public information, Zhang Haibo is a veteran with more than 20 years of experience in the securities industry. During the 18 years of Huatai Securities (17.720, 0.54, 3.14%), he was in charge of investment banking, fixed income investment, asset management, and direct investment. , Overseas business, financial planning, human resources, etc.

   Zhang Haibo has been the chairman and legal representative of China Southern Fund since October 2016.During its administration, Southern Fund's asset management scale exceeded 1.3 trillion yuan, ranking first in the industry. The number of customers exceeded 140 million, and the cumulative dividends paid to customers by public offering products exceeded 130 billion yuan.

   On February 28 this year, Guojin Securities (11.120, 0.09, 0.82%) Investment Bank Executive General Manager Chen died of respiratory and cardiac arrest. He was only 39 years old. The company held a memorial service on March 2. .

   It is reported that the employee surnamed Chen graduated from East China University of Political Science and Law and joined China International Finance Corporation in 2005. He is a “veteran”-level employee who has grown up with China International Finance Investment Bank and served as the executive general manager of the investment bank. He witnessed the history of the investment bank and made important contributions to the development of the investment bank.

   According to the company, he is a good partner in the eyes of customers, a good partner in the eyes of colleagues, and a good teacher in the eyes of new employees.

   The financial industry seems to be glamorous, but in reality, work pressure is high, and long-term mental work and lack of exercise will increase the incidence. Therefore, industry insiders suggest that in the process of struggling, one needs to take care of the body and cherish the present.

Source: 21st Century Business Herald

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