Mao Xiaofeng

Mao Xiaofeng
Born	1972 Wuhan, China
Occupation	Banking executive
Years active	1990s–2015
Known for	President of Minsheng Banking Corp (2014–2015)

Mao Xiaofeng (; born in 1972) is a Chinese banking executive who served as president of Minsheng Banking Corp between 2014 and 2015. He stepped down unexpectedly in January 2015 citing "personal reasons," amid media coverage of an investigation by the Central Commission for Discipline Inspection associated with the disgraced official Ling Jihua.

Career

Graduating from Hunan University in 1990 at just 18 years old, Mao advanced rapidly within political circles, achieving the position of deputy party secretary for Zhijiang Dong Autonomous County by age 23. During his tenure there, he completed an MBA and subsequently earned a doctoral degree from Hunan University. In 1999, Mao moved to Beijing to work at the Communist Youth League headquarters and attained a Master of Public Administration from Harvard Kennedy School.

Mao began his tenure at Minsheng Bank in 2002 as deputy chief of staff to the president. By June 2003, he was appointed secretary of the bank’s board of directors, and in April 2008, he advanced to vice president overseeing retail banking operations. On August 18, 2014, at age 42, Mao became the youngest individual ever appointed president of the bank.

Following his resignation in January 2015, reports emerged indicating Mao was detained and subjected to investigation by the Central Commission for Discipline Inspection. His case was widely viewed as linked to Ling Jihua, former chief of the Chinese Communist Party’s General Office, with whom Mao had connections dating back to their time at Hunan University and within the Communist Youth League. Additionally, reports claimed Mao had organized a "wives club" at Minsheng Bank, providing no-show jobs with salaries to spouses of senior officials, including associates of Ling Jihua and Su Rong.