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

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BEIJING — 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 , 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.

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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-Important 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. (Reporting by Kevin Yao; Editing by Clarence Fernandez)