Former BOC head helms CSRC
Source: Bloomberg News |
March 22, 2013, Friday
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Print Edition
Print Edition
XIAO Gang, formerly chairman of Bank of China Ltd, has been appointed head of the China Securities Regulatory Commission to replace Guo Shuqing who was named deputy Party secretary of Shandong Province.
Xiao's photo and title of chairman of the regulator were posted on the CSRC's website yesterday. His appointment was announced at a CSRC staff meeting on Sunday, according to a source. Xiao, 54, resigned from the BOC, the nation's fourth-biggest listed lender, that same day. Guo, 56, had led the CSRC since 2011.
Xiao's photo and title of chairman of the regulator were posted on the CSRC's website yesterday. His appointment was announced at a CSRC staff meeting on Sunday, according to a source. Xiao, 54, resigned from the BOC, the nation's fourth-biggest listed lender, that same day. Guo, 56, had led the CSRC since 2011.
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