CCB Nabs Bank of China President
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China Construction Bank, the world’s second-largest commercial lender, hires from rival Bank of China to appoint a new president.
Wang Jiang was named president of CCB, according to a Caixin report citing unnamed sources, filing a position that has been vacant for two months.
Wang will also serve as vice chairman for the Shanghai and Hong Kong-listed CCB.
Wang, 57, will be returning to CCB where he worked for many years including as its the general manager of its Hubei and Shanghai branches.
At Bank of China, he was a vice-chairman since January 2020 and president since December 2019. He was also named vice chairman and non-executive director of Bank of China’s Hong Kong subsidiary in March 2020.
Wang graduated from Shandong Economics College in 1984 and obtained his Doctoral Degree in economics from Xiamen University in 1999.
Questions & Answers
Q.What role has Wang Jiang been appointed to at China Construction Bank?
What role has Wang Jiang been appointed to at China Construction Bank?
Wang Jiang has been named president of China Construction Bank. He will also serve as vice chairman for the bank, which is listed in Shanghai and Hong Kong.
Q.Was Wang Jiang previously employed by China Construction Bank?
Was Wang Jiang previously employed by China Construction Bank?
Yes, Wang Jiang is returning to China Construction Bank, where he worked for many years. He previously served as general manager of its Hubei and Shanghai branches.
Q.How long had the president's position at China Construction Bank been vacant?
How long had the president's position at China Construction Bank been vacant?
The position of president at China Construction Bank had been vacant for two months prior to Wang Jiang's appointment. The bank is the world's second-largest commercial lender.
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