Bank of China President Liu resigns, chairman to be acting president

Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said.

The state-owned lender said in a statement that its board had approved Chairman Ge Haijiao to serve as acting president.

Liu, 57, has held senior roles at major Chinese banks, including ICBC[ ICBCA.UL] and China Development Bank. He served as president of China Everbright Bank before joining Bank of China as vice chairman and president in 2021.