China’s Top Financial Regulator Rotates Local Leadership in Ongoing Reshuffle

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China’s top financial regulator, the National Financial Regulatory Administration (NFRA), has been reshuffling the leadership of several local branches.

Tian Daichen, who now heads the NFRA’s branch in the Tibet autonomous region, is set to succeed Huang Jinbo as director of its Shaanxi branch, Caixin has learned from sources with knowledge of the matter.

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The NFRA is reshuffling leadership in local branches, moving like Tian Daichen and Hong Xiaoping to new positions.
Leadership rotations are part of a long-term strategy to gain experience and share best practices.
The NFRA, established in May 2023, absorbed several responsibilities including those from the CBIRC and the central bank.

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