Mr. Cheng also held senior positions in the following companies: TD Bank in Toronto, Canada, MetLife in the United States and Mark Automobile Factory in France. Mr. Cheng holds MBA degrees from HEC and McGill University Paris Business School, master's degree in ergonomics psychology from Paris University and bachelor's degree from Beijing Foreign Studies University.
On September 13, 2007, the blue-gray building of Wangfujing Oriental Plaza stood day and night in the autumn rain, which made people feel cool.
On the clean conference table of Standard Chartered Enterprise Consulting Co., Ltd., in addition to the commemorative signs of two major projects and two boxes of paper towels, there is only a black telephone with the extension number and the way to dial the outside line marked in English.
Five or six company documents, notes filled in by reporters in the blank, two large cups of coffee and juice, and a quiet narrative occupied the next three hours. Although some things have not been completed, the outline of this "master of transnational acquisition financing" is gradually becoming clear.
He is Cheng Changqing, a Hunan teenager who lost his journey to the West more than ten years ago. Now he is the CEO of the investment banking department of Standard Chartered Bank in China. Handsome, elegant appearance, warm but unobtrusive personality, when talking with you, the wonderful and tortuous investment bank case he handled was like a ups and downs movie. As an audience, I'm still unfinished. ......
China Petrochemical's $3 billion acquisition project in Angola is located in block 18 along the coast of Angola, about 100 nautical mile from the coastline. According to the management process of China government, the acquisition of state-owned enterprises has to go through a series of approval procedures, such as the National Development and Reform Commission, the Ministry of Commerce and the Administration of Foreign Exchange, to control risks and avoid the loss of foreign exchange. At that time, the situation faced by Sinopec was that NDRC only verbally admitted that the written reply from the Ministry of Commerce and the State Administration of Foreign Exchange had not yet come down, and the other party asked for a deposit within 48 hours, otherwise it would be sold to an Indian company.
In fact, China Bank, Dutch Commercial Bank, China Development Bank, French Agricultural Bank, etc. I have tried to do this case before, but I heard that the government's approval was not complete, and the other party asked to pay 900 million US dollars in 48 hours. No bank dared to take this risk.
Now Xie calls Cheng Changqing for emergency treatment, and finally puts Bao in Standard Chartered Bank.
900 million dollars is enough to buy 20 Boeing 737 planes, 9 Chinese world hotels and close a bank. For Cheng Changqing, the pressure can be imagined.
"The financial industry, like other industries, must be forward-looking and innovative, and cannot just follow others." After some thinking, Cheng Changqing decided to seize this opportunity.
On June 65438+1October 65438+April, 2004, at 8: 30 pm Beijing time, Cheng Changqing called five directors of the credit committees of the head offices in London and new york to hold a conference call to discuss the merger of Sinopec.