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Industrial Bank hires Ping An Bank veteran to lead PB business

Shanghai, China – 29 November 2023. The branch office of Industrial Bank in Pudong district, Shanghai

China’s Industrial Bank (CIB) has hired a veteran banker from Ping An Bank (PAB) to lead its RMB 850 billion (US$117 billion) private banking business, Asian Private Banker has learnt. Hong Shuai has been appointed as the general manager for CIB Private Banking, subject to regulatory approval, according to people familiar with the matter. Hong’s banking career with PAB spans two…

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