URGENT: Bank of China President Liu Jin resigns

By Nada Ali On Aug 25, 2024

Bank of China (BOC) announced on Sunday that Vice Chairman and President Liu Jin has resigned for personal reasons.

The state-owned lender confirmed the resignation in a statement, adding that its board has approved Chairman Ge Haijiao to serve as acting president in the interim.

Liu, 57, is a seasoned figure in the Chinese banking industry. Prior to joining Bank of China as vice chairman and president in 2021, he held senior positions at major institutions like Industrial and Commercial Bank of China (ICBC) and China Development Bank. He also served as president of China Everbright Bank.

Attribution: Reuters

Subediting: M. S. Salama

Bank of China Bank of China (BOC)China China Development Bank China Development Bank (CDB)China Everbright Bank Chinese banking industry Industrial and Commercial Bank of China (ICBC)