Cao Yu Retires as Vice Chairman of China’s Top Financial Regulator

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What’s new: Cao Yu has been removed as vice chairman of the National Administration of Financial Regulation (NAFR), China’s top financial regulator, the country’s Ministry of Human Resources and Social Securities said Friday.

Cao, born in November 1963, reached 60 last month, the official retirement age for government officials and state-owned company executives.

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