On August 12, 2002, Fund Custody Department of China Everbright Bank was established. As one of the major business departments, it is committed to continually developing fund custody businesses, researching and preparing development plan for fund custody businesses, organizing and implementing fund custody market development strategies, and engaging itself in value-added services, consultancy, risk analysis and theoretical researcht, so as to provide comprehensive services for fund management companies. In addition, it has enacted internal regulations on fund custody operations, guided and coordinated the general fund custody operations of CEB and organized special training for the staff engaged in fund custody businesses.
Fund Custody Department of CEB is divided into fund market division, custodial assets division, business management division, risk management division, and annuity centre. With the rapid development of custody businesses of the Bank, the Department has established Fund Custody Departments in Shanghai Branch and Shenzhen Branch respectively.
Fund Custody Department of China Everbright Bank has a highly qualified team. The team expertise profile includes securities, fund, banking, accounting, computer, law and international finance etc. It is capable of providing all-round professional support for the fund custody business. More than 50% of the personnel in this department have training experience in overseas financial institutions.