A former assistant governor of the People's Bank of China has been
promoted to one of the five deputies of the central bank,
Shanghai Securities News reported today.
Ma Delun, 59, former assistant to central bank Governor Zhou
Xiaochuan, has been chosen as a deputy governor, almost six months
after Xiang Bo, a former deputy, was transferred to be the governor
of the Agriculture Bank of China in June, 2007, the report
said.
Ma has been the assistant governor of the central bank since
April, 2005. He has also been the vice director of the central
bank's Shanghai branch since August, 2005, the report said.
The former spokesman of the central bank was vice director of
the State Administration of Foreign Exchange from March, 2001, to
March, 2005, the report said.
Before that, he was vice director of the central bank's Policy
Research Office, the director of the General Office and head of the
Finance and Accounting Department from 1992 to February, 2001, the
report said.
(Shanghai Daily January 2, 2008)
