Name Xiao Gang | ||
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Education Renmin University of China | ||
Xiao Gang replaced as chairman of CSRC
Xiao Gang (Chinese: 肖钢; pinyin: Xiāo Gāng; born 1958 in Ji'an, Jiangxi) was the Chairman of the China Securities Regulatory Commission until 20 February 2016. He was previously chairman of the board of directors of Bank of China Limited and Bank of China (Hong Kong) Limited; prior to that he was a deputy governor of the People's Bank of China, the central bank of the People's Republic of China.
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Biography
Xiao Gang was appointed the Chairman of the Board in Bank of China Limited in August 2004. He used to serve as Head of Bank in the Company. He was also Chairman of the Board in BOC Hong Kong (Holdings) Ltd. Xiao also served as Assistant Head and Deputy Head of the People's Bank of China (PBOC), Head of PBOC-Guangdong Branch, General Manager in China Foreign Exchange Center. Xiao graduated from Hunan Institute of Finance and Economics in 1981 and holds a Master's degree in International Economic Law from Renmin University of China in 1996.
Xiao was appointed Chairman of the China Securities Regulatory Commission in March 2013. On 20 February 2016, Xiao stepped down as Chairman of the China Securities Regulatory Commission.
He has famously let his hair go grey, while most Chinese high-ranking officials dye their hair black.
Family
Xiao Gang is married to Wu Touhong, who was born in 1959 and graduated from Hunan Institute of Finance and Economics. Wu served at China Minsheng Banking Corp., Ltd.(CMBC) as Chief Financial Officer. Together they have two sons, Xiao Haojie (Michael) and Xiao Nan (Leo). Xiao Haojie (Michael) served as the board member at GF Securities. Xiao Nan (Leo) studied MBA at UCLA Anderson School of Management.