Exclusive: PBOC Likely to Name Zhang Qingsong as New Deputy Governor

China’s central bank is likely to name veteran banker Zhang Qingsong as a deputy governor, sources with knowledge of the matter told Caixin.

Zhang, 56, recently began working at the People’s Bank of China (PBOC), the sources said. If all goes to plan, he will fill the vacancy left by Liu Guiping, who left in April to become executive deputy mayor of Tianjin municipality.