Bank of China's Xiao Gang named head of securities regulator, says report

The chairman of Bank of China, Xiao Gang, has been named head of the China Securities Regulatory Commission, the China Securities Journal reported on its website on Sunday.

Xiao, 54, was named at a Sunday meeting of the commission, the official Securities Journal said.

The appointment comes amid a flurry of appointments to head ministries and other top agencies as China’s annual parliamentary session comes to an end on Sunday.

via Business feed http://www.scmp.com/business/economy/article/1193042/bank-chinas-xiao-gang-named-head-securities-regulator-says-report