June 30 (Reuters) - China plans to appoint Pan Gongsheng, a deputy governor of the People's Bank of China (PBOC), to head the central bank, the Wall S
June 30 (Reuters) – China plans to appoint Pan
Gongsheng, a deputy governor of the People’s Bank of China
(PBOC), to head the central bank, the Wall Street Journal
reported on Friday, citing people unnamed familiar with the
matter.
Pan Gongsheng, picked because of his international
background, is likely to first be appointed as the bank’s
Communist Party chief before he is installed as governor, which
requires appointment by the government, the report said.
Pan is the country’s foreign exchange regulator as head of
the State Administration of Foreign Exchange.
Reuters could not immediately reach the PBOC for comment.
(Reporting by Gokul Pisharody and Bharat Govind Gautam in
Bengaluru; Editing by Simon Cameron-Moore and William Mallard)
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