Board of Directors

The following members make up the CNFinance Board of Directors.  Please select an individual member below to learn more about them and the committees they contribute to.

  • Bin Zhai

    Chairman and Chief Executive Officer

    Bin Zhai has served as CNFinance’s Chairman of the Board of Directors since 2017 and Chief Executive Officer since 2010. Mr. Zhai joined CNFinance in 2006 as executive director of Shenzhen Nanfeng Mortgage Advisory Co., Ltd., a subsidiary of Fanhua Inc. Prior to joining, Mr. Zhai served as account manager of Bank of Communications Tianjin Branch from 1991 to 1993, investment manager at China Ministry of Agriculture Shenzhen Office from 1993 to 1998, and general manager at Shenzhen Modern Warehouse Building Material Co., Ltd. from 1998 to 2006. Mr. Zhai received his bachelor’s degree in insurance from Nankai University in China.

  • Ning Li

    Executive Director and Chief Financial Officer

    Ning Li has served as CNFinance’s Executive Director since 2017 and Chief Financial Officer since 2010. Prior to that, Mr. Li served as a financial director at Fanhua Inc., a company listed on NASDAQ since 2006. Mr. Li served as financial controller at China Textile Import & Export Group and a financial director in one of its foreign representative offices from 2001 to 2005, and general manager at Beijing Obas International Freight Forwarding Co., Ltd. from 2005 to 2006. Mr. Li received his bachelor’s degree in accounting at University of International Business and Economics in China. Mr. Li is a member of the Association of Chartered Certified Accountants.

  • Paul Wolansky

    Director

    Paul Wolansky has served as CNFinance’s Director since 2001. Mr. Wolansky is one of the founders of New China Capital Management Corp and its predecessors, which operate as the investment managers for the various Cathay funds, and has served both as chief executive officer and Chairman since 1993. Mr. Wolansky is a member of the board of directors of the Cathay Investment Fund, Ltd., and serves, or has served, as a director of various portfolio companies of the various Cathay funds including China Resources Land Ltd., China Yuchai International, Ltd., Wuxi Little Swan Co., Ltd., White Horse Communications Holdings, Ltd., CNinsure Inc., Vinda International, and China Aoyuan Property Group, Ltd. Mr. Wolansky received a Bachelor of Arts degree from Amherst College and a J.D. degree from Harvard Law School.

  • Peng Ge

    Director

    Peng Ge has served as CNFinance’s Director since 2017. Mr. Ge joined Fanhua Inc. in 1999 and headed its Beijing operations from 1999 to 2005. He has served as chief financial officer at Fanhua Inc. since 2008 and as its director since 2016. Mr. Ge received his bachelor’s degree in international accounting and his MBA degree from the University of International Business and Economics in China.

  • Fengyong Gao

    Independent Director

    Fengyong Gao has served as an Independent Director since the IPO. Mr. Gao is the founder, partner and chief executive director of Leading Capital Co., Ltd. and the founder, partner and chairman of the board of Shanghai Blue Ocean Capital. Mr. Gao previously served as the general manager of the trust department and subsequently as the vice president of Bridge Trust Co., Ltd. from 2003 to 2007. Mr. Gao currently also serves as the independent director of China Haisum Engineering Co., Ltd. and Great Wall Movie and Television Co. Ltd. Mr. Gao received both his bachelor’s degree and master’s degree in finance from Nankai University in China.

  • Lin Xu

    Independent Director

    Lin Xu has served as an Independent Director since the IPO. Mr. Xu currently serves as the director general of China Center for Urban Development of NDRC and the chairman of the board of U.S.-China Green Fund. Prior to that, Mr. Xu served as the director general of Development Planning Department of NDRC from 2012 to 2017. Mr. Xu also served as the director general of Fiscal and Financial Affairs Department of NDRC from 2006 to 2012 and as the deputy director general of Development Planning Department of NDRC from 2002 to 2006. Mr. Xu received his bachelor’s degree in mathematics from Hunan Shaoyang Normal College, his first master’s degree in economics from Nankai University and his second master’s degree of public administration from the Lee Kuan Yew School of Public Policy at National University of Singapore.

  • Xi Wang

    Independent Director

    Xi Wang has served as an Independent Director since March 2019. Dr. Wang currently serves as a professor at Lingnan (University) College, and a director of China Institute for Economic Transformation and Opening at Sun Yat-sen University ("SYSU"). Dr. Wang specializes in economics and has focused his research on banking and monetary policy, international finance (exchange rates and balance of payments), and China's economy among other subjects. Dr. Wang has been a professor at SYSU since 2004. Dr. Wang has served as a contributor for multiple business journals including the Economic Research Journal, China Economic Quarterly, Finance Research, and Journal of World Economy. Dr. Wang received his master's degree in economics as well as Ph.D in economics from SYSU.


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