China names Lu Lei deputy governor of central bank

BEIJING (Reuters) – China has appointed Lu Lei as deputy governor of the People’s Bank of China (PBOC), the human resources ministry said on Tuesday.

It also named Fu Wanjun as the deputy head of its financial regulator, the National Administration of Financial Regulation, according to a ministry statement.

Fu has previously served as the vice chairman for Agricultural Bank of China.

(Reporting by Beijing newsroom; Editing by David Goodman and Angus MacSwan)