Bank of China has sourced its latest presidential appointee from the ranks of China’s provincial political leaders.
Wang Jiang (王江), vice-governor of Jiangsu province, will assume the role of Bank of China (BOC) president after the position was left vacant for a half-year period, according to a report from 21st Century Business Herald.
Since June of this year Liu Lian’ge (刘连舸), BOC chair, has exercised the duties of bank president.
56-year old Wang is a graduate of the Shandong University of Finance and Economics, and during the period from 1992 to 1999 served as vice-chair and vice-professor of its faculty of finance.
In 1999 Wang obtained a PhD in economics from Xiamen University, before joining China Construction Bank (CCB) to serve successively as vice-head of its Shandong province branch, head of the Hubei province branch, and head of the Shanghai province branch.
In 2015 Wang was appointed CCB president, and in July 2017 he was appointed vice-governor of Jiangsu province, joining the ranks of a large number of senior banking and finance executives who have taken up top positions in provincial administration.