CSC Financial (SHA:601066) is lining up its new chair as Wang Changqing is set to retire soon, YiCai Global reported Monday.
The brokerage has appointed Liu Cheng, former president of China Citic Bank (HKG:0998, SHA:601998), as Party secretary, a role recently vacated by Wang, according to the report.
The new Party secretary will take up the chair role upon the retirement of Wang, who will turn 62 years old in five months, YiCai Global wrote.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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