Postal Savings Bank of China Co., Ltd. Class H (HK:1658) has released an update.
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Postal Savings Bank of China Co., Ltd. has nominated Mr. Zheng Guoyu as the candidate for Non-executive Director and approved his appointment as Chairman of the Board. His qualifications are pending approval from the National Financial Regulatory Administration, with a proposed three-year term. Mr. Zheng will replace Mr. Liu Jianjun and bring his extensive experience from roles at major Chinese banks to the position.
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