PBOC Official Xuan Changneng to Join CSRC to Assist the Chairman

(Beijing) – Xuan Changneng, head of the Financial Stability Bureau at the People's Bank of China (PBOC), is to join the China Securities Regulatory Commission (CSRC) as an assistant to the chairman, people with knowledge of the matter said.

His position at the central bank will be filled by Lu Lei, who leads the bank's research bureau, according to those sources.