Mr. Chen Xu started his banking career at Bank of China Head Office in 1990. Since then, Mr. Xu had worked successively in various departments including Executive Office, Corporate Banking Department, and London Branch before he was promoted to the position of General Manager of Olympic Affairs Department in 2004. This Department was set up specially to supervise the Bank’s effort of offering the best banking services for the Olympics where Bank of China was the sole bank partner of the 2008 Beijing Games. In August 2008, Mr. Xu was reassigned as General Manager of Financial Institutions Department, a position he held until January 2015. In January 2015, Mr. Xu was transferred to the United States and assumed the position of President and Chief Executive Officer of Bank of China USA. He now supervises New York Branch, Queens Branch, Los Angeles Branch, and Chicago Branch. Mr. Xu holds a Bachelor’s Degree in Management Information System from Tsinghua University, China, and a Master’s Degree from the University of International Business and Economics, China, major in Business Management. Mr. Xu, born in China, is married. He has a teenage daughter.