Media365
China has appointed a senior sovereign wealth fund executive as a deputy head of its securities regulator, in the latest leadership reshuffle aimed at steadying the country’s capital markets.
Liu Haoling was named vice-chairman of the China Securities Regulatory Commission (CSRC) by the State Council, according to a statement posted on the agency’s website on Wednesday.
He was also appointed to the regulator’s Communist Party committee.
It was not immediately clear which portfolios Liu would take on at the CSRC, where he joins three other vice-chairmen under chairman Wu Qing.
His move to the CSRC comes at a sensitive juncture for China’s markets. Mainland equities have rebounded alongside global peers after recent oil shock-driven sell-offs, with the CSI 300 Index approaching a five-year high.
Born in 1971, Liu holds a bachelor’s degree in English from Peking University and a law degree from the China University of Political Science and Law. He later earned master’s degrees in law and finance from the University of Iowa and London Business School.
