On August 31, at the bank's 2026 interim results conference, China Merchants Bank Co., Ltd. Vice President and Board Secretary Peng Jiawen stated that the bank's effective collaboration across head office, regional branches, business lines, and subsidiaries is underpinned by five critical elements.
The first element is the institutional design of coordination mechanisms, including profit-sharing, dual-counting, and incentive schemes. The second is performance assessment orientation, where coordination metrics hold significant weight in the evaluation system, covering head office departments, branches, and subsidiaries alike.
The third factor is mature business models, such as the integrated investment and commercial banking approach, which solidifies the foundation for collaboration. The fourth is a collaborative culture, fostered over time as an intrinsic practice within the organization.
The fifth element is organizational structural support, with a dedicated bank-wide coordination committee and specialized departments tasked to drive these initiatives forward.
Peng Jiawen further noted two underlying supporting factors: the board of directors and senior management place high importance on coordination efforts, and the data systems are capable of measuring coordination outcomes, ensuring both performance assessments and mechanisms are effectively implemented.