Caixin OnlineFinance & EconomicsTop Stories Finance CCB Executive 'to Replace Ma Weihua at China Merchants'
05.08.2013 16:24

CCB Executive 'to Replace Ma Weihua at China Merchants'

Tian Huiyu has already assumed a top party position at the customer-oriented bank and is tipped to become president soon
By staff reporter Wen Xiu
A

Tian Huiyu(left),Ma Weihua (right)


(Beijing) – China Merchants Bank's president, Ma Weihua, will be succeeded by Tian Huiyu, China Construction Bank's retail banking director and the president of its Beijing branch, sources with knowledge of the matter say.

The 47-year-old Tian already replaced Ma as CMB's Communist Party secretary, a move announced by the China Banking Regulatory Commission on May 8. His formal appointment as the bank's president would follow soon, the sources said.

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