Caixin
Mar 26, 2018 08:02 PM
FINANCE

Financial Regulatory Chief Named to Top Party Post at Central Bank

Guo Shuqing attends the second plenary session of the 13th National People's Congress at the Great Hall of the People in Beijing on March 9. Photo: VCG
Guo Shuqing attends the second plenary session of the 13th National People's Congress at the Great Hall of the People in Beijing on March 9. Photo: VCG

*Guo Shuqing named party secretary of People’s Bank of China

*Appointing to high-level posts at the central bank and the banking and insurance regulator aims to “beef up coordination” between the agencies

(Beijing) — The head of China’s new banking and insurance regulator has been picked as the party chief of the central bank, as the government seeks to improve coordination between the two agencies in its campaign to rein in risk in the financial sector.

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