The appointment of Yang Jiacai as assistant chairman of the China Banking Regulatory Commission, announced on Tuesday, saw him leapfrog Liu Chunhang - the son-in-law of former premier Wen Jiabao and the head of the CBRC statistics and research departments and a member of the elite "reserved official" promotion programme.
via Business feed http://www.scmp.com/business/banking-finance/article/1254419/reshuffle-bank-regulator-takes-cue-top
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