The National Financial Regulatory Administration formally approved Chen Haiqiang's appointment as President of China Zheshang Bank Co., Ltd. on July 16. This regulatory endorsement finalizes the leadership transition at the Hangzhou-based commercial lender, positioning Chen to steer the bank's strategic direction. The approval notice underscores the regulator's confidence in Chen's qualifications to helm one of China's joint-stock commercial banks during evolving market conditions.
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