Key facts
- Zhang Chunlin, former head of ABC's Anhui provincial branch, is under investigation.
- The investigation is for suspected severe disciplinary and legal violations.
- Zhang is 61 years old and was investigated just over a year after his retirement.
- The inquiry highlights an ongoing anti-corruption drive in China's state-owned banking sector.
Zhang Chunlin, the former head of the Agricultural Bank of China Ltd.’s Anhui provincial branch, is under investigation for suspected severe disciplinary and legal violations. The inquiry into the 61-year-old executive, who retired just over a year ago, highlights an ongoing anti-corruption drive targeting deep-rooted issues and risk management failures within China’s state-owned banking sector. The investigation is being conducted by the Central Commission for Discipline Inspection and National Supervisory Commission stationed at the Agricultural Bank of China, along with the Hunan Provincial Commission for Discipline Inspection and Supervision and the Changde Municipal Supervision Commission in Hunan province.