Xiao Gang is currently chairman of the board of directors of Bank of China Limited and Bank of China (Hong Kong) Limited. From 1998 to his appointment to his current position in 2003, he was a deputy governor of the People's Bank of China

People's Bank of China

The People's Bank of China is the central bank of the People's Republic of China with the power to control monetary policy and regulate financial institutions in mainland China...

, the central bank

Central bank

A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries...

 of the People's Republic of China

People's Republic of China

China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

.

Biography

Xiao Gang has been Chairman of the Board in Bank of China Limited since August 2004. He used to serve as Head of Bank in the Company. He is 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

People's Bank of China

The People's Bank of China is the central bank of the People's Republic of China with the power to control monetary policy and regulate financial institutions in mainland China...

 (PBOC), Head of PBOC-Guangdong Branch, General Manager in China Foreign Exchange Center. He graduated with a Master's degree in International Economic Law from Renmin University of China

Renmin University of China

Renmin University of China; RUC, also known as People's University of China , colloquially Renda , is a major research university in Haidian District, Beijing, China. Its campus neighbors those of Peking University and Tsinghua University....

in 1996.