Bank of China's board of directors approved the appointment of Liu Chenggang as executive vice president at a meeting on 29 August 2025, the lender announced. The appointment is subject to approval of his qualifications by the National Financial Regulatory Administration (NFRA), China's banking regulator.

Liu, born in 1972, joined Bank of China in 1994. He has served as vice president of BOC Hong Kong (Holdings), the group's Hong Kong-listed subsidiary, since April 2024 and as its chief financial officer since March 2022, holding both posts until August 2025.

CAREER IN FINANCE AND TREASURY

Before moving to Hong Kong, Liu held a series of senior roles at the group's head office. He was general manager of the Equity Investment and Subsidiary Management Department from October 2018 to January 2022, general manager of the Financial Management Department from January 2017 to October 2018 and general manager of the Treasury from November 2015 to January 2017. Earlier, he served as assistant general manager and chief officer of the Financial Markets Department.

Liu holds a bachelor's degree in economics from Renmin University of China, awarded in 1994, a master's degree in economics from the research institute of the People's Bank of China, awarded in 1999, and a master's degree in applied finance from Macquarie University, awarded in 2003. He is a senior accountant and a CFA charterholder.

BOARD COMMITTEE CHANGE

In the same announcement, Bank of China said Lou Xiaohui had been elected vice chairwoman of the audit committee of the board of directors.