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BEIJING (Reuters) – Bank of China said Vice Chairman and President Liu Jin has resigned for personal reasons, effective Sunday.
The state-owned bank said its board of directors approved the appointment of Chairman Ji Haijiao as acting chairman, according to a filing released by the bank on Sunday.
The Bank of China did not immediately respond to a request for comment. Liu could not immediately be reached for comment.
Liu, born in 1967, was appointed president of the bank in April 2021. He previously served as president of China Everbright Bank (OTC:) from January 2020 to March 2021 and vice president of policy lender China Development Bank from September 2018 to November 2019.
Liu’s departure follows that of former Bank of China chief Liu Liang, who stepped down in March 2023 and was placed under investigation by the anti-graft watchdog before pleading guilty to taking bribes worth more than 121 million yuan, as China intensifies its anti-corruption campaign in the $66 trillion financial industry.
Liu Jin also worked at state-owned Industrial and Commercial Bank of China, the world’s largest lender by assets, as head of investment banking and head of Jiangsu Province.
