Background
He was born in Soochow, Kiangsu, China (Suzhou, Jiangsu, China) in 1893.
He was born in Soochow, Kiangsu, China (Suzhou, Jiangsu, China) in 1893.
Mr. Pei received his education at Soochow University and Tangshan Engineering College, following which he joined the Shanghai office of the Han-Yeh-Ping Coal and Iron Co., as an accountant.
Tsu-yi Pei accepted a position with the Bank of China at Peking and after a time, was transferred to the Canton branch of the Bank as chief accountant and sub-manager of the Canton branch in 1916. Then he took positions of acting manager of the same branch in 1917 and concurrently acted as liquidator of the Deutcsh-Asiatische Bank in 1917, manager of the Hongkong branch of the Bank of China in 1918-1927.
In June, 1927 he was appointed manager of the Shanghai Office of the Bank of China. After that he became committee member of the Shanghai Municipal Council in 1927, councillor of the Shanghai Municipal Council in 1932-1934, director of the Asia Life Insurance Company, and of the International Land Investment Trust Company of Shanghai in 1934.
Mr. Pei was active in public affairs in Shanghai and member of the following organizations : Union Club, Pan-Pacific Association and Shanghai Bankers' Club. He visited America in 1930-1931.