Liu Lian'ge

Liu Lian'ge (Chinese: 刘连舸; pinyin: liú lián ɡě; born May 1961) is a Chinese banker currently under an anti-corruption investigation of the National Supervisory Commission of China. He previously served as board chairperson and party secretary of the Bank of China from 2019 to 2023, and as president and board vice chairperson of the Bank of China from 2018 to 2019.

In this Chinese name, the family name is Liu.
Liu Lian'ge
刘连舸
Chairman of the Board of the Bank of China
In office
June 2019 – March 2023
Preceded byChen Siqing
President of the Bank of China
In office
June 2018 – June 2019
Preceded byChen Siqing
Succeeded byWang Jiang
President of the Export–Import Bank of China
In office
February 2015 – June 2018
Preceded byLi Ruogu
Succeeded byWu Fulin
Personal details
BornMay 1961 (age 62)
Yongji County, Jilin, China
Political partyChinese Communist Party (expelled)
Alma mater
Chinese name
Simplified Chinese刘连舸
Traditional Chinese劉連舸

Prior to that, he served as president of the Export–Import Bank of China from 2015 to 2018 and as vice president of the Export–Import Bank of China from 2007 to 2015. He held the position of director of the Anti-Money Laundering Bureau of the People's Bank of China from 2005 to 2007.[1]

Biography

Liu was born in Yongji County, Jilin, in May 1961.

Liu graduated from the Jilin Finance and Trade College in 1985 with a major in finance. He went on graduate studies at the Graduate School of the People's Bank of China and received a Master of Economics in 1987.

After graduation, he was assigned to the People's Bank of China and spent 20 years at the bank. He served in several posts in the bank, including chief representative of the People's Bank of China Representative Office in Europe (London, UK), deputy director general of the International Department, president of Fuzhou Branch, and director of the Anti Money Laundering Bureau (Security Bureau).[1]

In March 2007, he became vice president of the Exim Bank of China, rising to president in February 2015. In June 2018, he became president and vice chairman of the Bank of China, and was elevated to chairman and party secretary the board of the Bank of China the next year.[2][3][4]

On February 17, 2023, Liu was removed from his post as party chief of the bank.[5][6][7]

On March 19, 2023, Liu resigned from the Bank of China, and his resignation was received by the board of directors.[8]

Downfall

On March 31, 2023, Liu was investigated for corruption and graft as announced by the Central Commission for Discipline Inspection and the National Commission of Supervision.[9][10][8][4][5][11] The Bank of China announced that Liu would be replaced as chairman and party chief by Ge Haijiao.[5] On October 7, 2023, he was expelled from the Communist Party.[12] Following the Supreme People's Procuratorate's decision, Liu was arrested later that month.[13] On October 7, he was expelled from the CCP and removed from public office. [14][15] On October 16, he was arrested for suspected bribery and giving illegal loans.[16][17]

References
  1. Timmy, Shen (28 June 2019). "Bank of China Getting New Chairman". caixinglobal. Retrieved 6 March 2022.
  2. Zhou Yanyan (周炎炎) (26 June 2018). 中国进出口银行行长刘连舸任中国银行行长，曾供职央行20年. thepaper (in Chinese). Retrieved 6 March 2022.
  3. Zhang Yiwen (张译文) (24 June 2019). 中国银行新掌门敲定:刘连舸出任党委书记 拟任董事长. sina (in Chinese). Retrieved 6 March 2022.
  4. "China Probes Former Bank of China Chairman Liu Liange". Bloomberg.com. 2023-03-31. Retrieved 2023-03-31.
  5. "Former Bank of China chief Liu Liange facing corruption investigation". South China Morning Post. 2023-03-31. Retrieved 2023-03-31.
  6. "China Removes PICC, Bank of China Chairmen From Party Roles". Bloomberg.com. 2023-02-17. Retrieved 2023-03-31.
  7. "China Removes Communist Party Heads of Top State Insurer and Bank - Caixin Global". www.caixinglobal.com. Retrieved 2023-03-31.
  8. Yang, Zekun; Zhang, Wenfang (张文芳). "Former chairman of Bank of China under disciplinary review". www.chinadaily.com.cn. Retrieved 2023-03-31.
  9. "Former Bank of China chairman investigated by graft agency". ABC News. Retrieved 2023-03-31.
  10. Zhang, Yukun. "Bank of China Ex-Chairman Investigated for Alleged Corruption - Caixin Global". www.caixinglobal.com. Retrieved 2023-03-31.
  11. "Former Bank of China chairman under investigation for alleged 'serious disciplinary violations'". Associated Press. 2023-03-31. Retrieved 2023-04-01.
  12. "China expels former Bank of China chairman from Communist Party". Reuters. 7 October 2023. Retrieved 7 October 2023.
  13. "Former Bank of China boss arrested on bribery charges". BBC News. 16 October 2023.
  14. "Former president of Bank of China expelled from CPC". Chinadaily.com. 7 October 2023. Retrieved 22 October 2023.
  15. "China expels former Bank of China chairman from Communist Party". reuters.com. 7 October 2023. Retrieved 22 October 2023.
  16. "Former Bank of China chairman arrested for suspected bribery - state media". reuters.com. 16 October 2023. Retrieved 22 October 2023.
  17. "Former Bank of China boss arrested on bribery charges". BBC. 16 October 2023. Retrieved 22 October 2023.
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