March 19, 2018 / 1:19 AM / a month ago

China names CBRC chief Guo as head of new banking, insurance regulator-Caixin

BEIJING, March 21 (Reuters) - China has named Guo Shuqing as the head of the newly formed regulator for the banking and insurance sectors, financial publication Caixin reported on Wednesday without citing a direct source.

Guo had been the head of the China Banking Regulatory Commission, which was merged with the China Insurance Regulatory Commission as part of a broader government reshuffule approved by parliament last week.

Reporting by Beijing Monitoring Desk

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