Xiao Gang

Xiao Gang

Xiao Gang, male, Han nationality, from Ji'an, Jiangxi Province, was born in Changsha, Hunan Province in August 1958 with a master's degree in law. He joined the work in 1976 and was once the Secretary of LV Peijian, former governor of the people's Bank of China.

He once served as chairman and party secretary of China Securities Regulatory Commission.

Biography of characters

Graduated from Hunan University of Finance and economics in 1981 (merged into Hunan University in 2000);

He began to work in the people's Bank of China in 1981.

From October 1989 to February 1994, he was deputy director and director of the Policy Research Office of the people's Bank of China;

From February 1994 to July 1995, general manager of China foreign exchange trading center;

From July 1995 to October 1996, director of the planning and capital Department of the people's Bank of China (the youngest cadre at the bureau level in the central bank system);

In 1996, he received a master's degree in law from the Law School of Renmin University of China (Master's thesis on transnational flow of short-term capital and state control), under the guidance of Lin Yuhui, Professor of international economic law from the Law School of Renmin University of China).

From October 1996 to October 1998, assistant to the president of the people's Bank of China

From October 1998 to March 2003, vice president of the people's Bank of China, member of the central bank's monetary policy committee in charge of trust business for a long time;

From March 2003 to August 2004, chairman, Secretary of the Party committee, President and Secretary of the Party committee of Dongfang Asset Management Co., Ltd. (from June 2003 to December 2004, President of China Banking Association);

From August 2004 to March 2013, he was the chairman, Secretary of the Party committee, executive director and chairman of the strategic development committee of the board of directors of Bank of China Limited, and Secretary of the Party committee of Oriental asset management company;

March 2013 to February 2016, chairman and Secretary of the Party committee of China Securities Regulatory Commission.

Deputy to the 17th CPC National Congress, alternate member of the 17th CPC Central Committee and member of the 18th CPC Central Committee.

Member of the Economic Committee of the 13th CPPCC National Committee

Appointment and removal information

In February 2016, the CPC Central Committee decided to remove Xiao Gang from the post of secretary of the Party committee of the CSRC. The State Council has decided to remove Xiao Gang from the post of chairman of the CSRC.

Character evaluation

"Xiao Gang was vice president of the people's Bank of China before he became president of the Bank of China. He has been in charge of the trust industry for four or five years. His style has always been steady and prudent." A trust expert

Industry insiders believe that Xiao Gang strictly rectified the trust industry when the people's Bank of China was in charge of trust supervision, which laid a good foundation for the healthy development of the trust industry.