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Caixin Global
Caixin Global
Business
Zhang Yukun and Wu Xiaomeng

China Merchants Bank Appoints New President in Wake of Corruption Scandal

China Corruption CMB Tian Huiyu

What’s new: Wang Liang, who has been in charge of China Merchants Bank Co. Ltd. (CMB) (600036.SH) since the removal of the former president last month, has been appointed its president, the bank announced on Thursday.

The appointment is pending approval from the banking regulator.

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