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China to name Zhang Qingsong as vice governor of central bank -Caixin

Published 09/07/2022, 02:04 AM
Updated 09/07/2022, 02:06 AM
© Reuters. FILE PHOTO: People wearing face masks walk past the headquarters of Chinese central bank People's Bank of China (PBOC), April 4, 2020. REUTERS/Tingshu Wang/File Photo

(This Aug 24 story corrects spelling of Export-Import Bank of China in fourth paragraph)

BEIJING (Reuters) - China is set to name Zhang Qingsong as a vice governor of the central bank, financial magazine Caixin said on Wednesday.

Zhang, president of the Agricultural Bank of China (OTC:ACGBF), one of the "big four" state banks, is likely to fill a vacancy left after Liu Guiping was appointed vice mayor of Tianjin in April, Caixin said, citing sources.

The People's Bank of China (PBOC) now has four vice governors - Chen Yulu, Pan Gongsheng, Fan Yifei and Liu Guoqiang. Yi Gang has been central bank governor since 2018.

Zhang, 57, is a seasoned banker who worked as vice president of Bank of China and president of policy bank the Export-Import Bank of China (EXimBank), an official biography showed.

During his stint at Bank of China, Zhang held senior posts in Hong Kong, Singapore and Luxembourg.

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