China’s Lufax Hires Former Industrial Bank President In Business Reshuffles

Amid a series of business and executive reshuffles, the Internet finance arm of Ping An Insurance Company of China, Ltd. plans to appoint former president of Industrial Bank Co., Ltd. as its co-chairman to lead the unit forward, Caixin Media reported. Li Renjie, an 18-year veteran at Fujian province-based Industrial Bank, is in the process […]

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Read the original article: China Money Network