China Zheshang Bank appoints Chen Haiqiang as president

China Zheshang Bank announced the appointment of Chen Haiqiang as President, a decision formalized at the second extraordinary meeting of the seventh session of the board of directors. Mr. Chen, born in October 1974, previously served as the bank’s deputy secretary of the Party Committee, executive director, and vice president. The appointment is subject to approval by the National Financial Regulatory Administration; Chen will serve as acting President until approval. The previous acting President, Mr. Lu Jianqiang (Chairman), has ceased his role. As of the announcement date, Mr. Chen Haiqiang holds 754,000 A shares of the Bank.