The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by revenue and profit, has announced Chen Siqing as its new chief and chairman, reported Caixin.
Chen, who until recently was the chairman of the Bank of China, was appointed on Monday as the next head of the state-owned bank, filling a position that has been vacant for three months.
The new appointment fills a vacancy left by former ICBC Chairman Yi Huiman, who became the China Securities Regulatory Commission’s (CSRC) Communist Party chief and chairman in late January.