China Construction Bank President Appointed Chair of Everbright Group

The head of one of China's big six state-owned banks is set to assume the role of chairman of state-owned financial conglomerate China Everbright Group. Wang Jiang (王江), president of China Construction Bank (CCB), will serve as chairman of China Everbright Group upon the retirement of current chair Li Xiaopeng (李晓鹏), according to a report from Securities Journal . Sources say Wang has had a meteoric rise through the ranks of China's banking sector, having previously served as the head of CCB's Shandong province branch, Hubei province branch and Shanghai branch during the period from 2002 to 2015. From August…