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  • Beijing Review

    PEOPLE & POINTS

    Jun 01, 2023 3 minutes

    EX-VICE GOVERNOR TAKES OVER FINANCIAL REINS

    Li Yunze, former Vice Governor of Sichuan Province, has been appointed to head the newly formed National Administration of Financial Regulation (NAFR).

    Born in Yantai, Shandong Province, in September 1970, Li worked at the China Construction Bank and the Industrial and Commercial Bank of China, two of the country’s leading state-owned banks, before becoming a senior official in the Sichuan Provincial Government.

    The NAFR was inaugurated on May 18 as the country’s new financial regulator, in keeping with the Central Government’s plan for institutional reform unveiled two months earlier.

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