China has appointed new leaders for its banking, securities and insurance regulators.

Date: Nov 7, 2011

Tags: China, Regulation

China has appointed new leaders for its banking, securities and insurance regulators.

Shang Fulin, the formal head of China Securities Regulatory Commission, will replace Liu Mingkang as chairman of the China Banking Regulatory Commission.

Meanwhile, China Construction Bank chairman Guo Shuqing will take over Shang’s role in the China securities watchdog, and Agricultural Bank of China chairman Xiang Junbo will become the head of the China Insurance Regulatory Commission.