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  • Beijing Review

    PEOPLE & POINTS

    Jan 04, 2024 3 minutes

    CENTRAL BANK DEPUTY GOVERNOR

    Veteran central banker Lu Lei has been appointed deputy governor of the People’s Bank of China (PBC). He is the third new senior official to join the central bank’s top management team, which consists of a governor and five deputy governors, since July 2023.

    Lu was moved from his position as a deputy administrator of the State Administration of Foreign Exchange, China’s foreign exchange regulator, a role he had held since 2017.

    Born in 1970 in Wujin, Jiangsu Province, Lu joined the PBC in 1996 and studied on the job at the central bank’s graduate school from 2001 to 2004, earning a Ph.D. in economics. He served as director of the

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