Hua Xia Bank Names Qu Gang as New President

What’s new: Hua Xia Bank Co. Ltd. has named Qu Gang, current general manager of Beijing International Trust Co. Ltd., as the candidate to be president of the bank, subject to regulatory approval.

This will be the second leadership change at the Beijing-based bank in two years. Qu will succeed Guan Wenjie, who held the reins there for only nine months before being appointed chairman of Beijing Rural Commercial Bank Co. Ltd. in January.