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People moves news

CSRC management shake-up - Business Week


31 October 2011 Shanghai
Reporter: Anna Reitman

Generic business image for news article
Image: Shutterstock
China's government has announced that chairman Guo Shuqing will become head of China's securities watchdog as part of the biggest regulatory reshuffle in a decade, according to Business Week (BW).

Shuqing resigned from Construction Bank to replace Shang Fulin, who is appointed chairman of China Banking Regulatory Commission.

In addition, chairman Xiang Junbo will take the top job at the China Insurance Regulatory Commission (CIRC) after resigning from the Agricultural Bank of China.
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