Bank of China Elects Chen Siqing as Board Chairman

By Chester Yung Features Dow Jones Newswires

Bank of China Ltd. (3988.HK) said late Thursday the board has elected Chen Siqing as chairman and Mr. Chen has resigned as the president of the bank due to the change of job arrangements.

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In a separate announcement, China Construction Bank Corp. (0939.HK) said the board has agreed to nominate Tian Guoli, who was Bank of China's board chairman, as executive director. The term of office of Mr. Tian as a director will be three years, China Construction Bank said.

Write to Chester Yung at chester.yung@wsj.com

(END) Dow Jones Newswires

August 17, 2017 21:29 ET (01:29 GMT)