Exclusive: China’s Banking Regulator Names New Vice Chairman
China’s top banking and insurance regulator has promoted its Chief Risk Officer Xiao Yuanqi to be its vice chairman, sources with knowledge of the matter told Caixin.
Xiao has been working in the new position since February, according to the China Banking and Insurance Regulatory Commission’s (CBIRC) website, though it didn’t update
While he was chief risk officer, Xiao also served as a CBIRC spokesperson and head of its general office.
A veteran regulator born in 1966, Xiao had worked in a variety of positions at the People’s Bank of China and at the now-defunct China Banking Regulatory Commission (CBRC), which merged with the country’s insurance regulator to