Bank of Communications Chairman Niu Ximing Takes Leave Due to Health Reasons

By Joanne Chiu Features Dow Jones Newswires

Bank of Communications Co. (3328.HK) Vice Chairman Peng Chun is temporarily taking on the duties of Chairman Niu Ximing, who is on leave due to health reasons.

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The Chinese lender said Wednesday that Mr. Niu needs a period of time to concentrate on treatment and recovery, without giving further details. The bank's operations remain stable and normal.

Write to Joanne Chiu at joanne.chiu@wsj.com

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August 02, 2017 05:05 ET (09:05 GMT)