Chou promoted at Taiwan central bank

According to the Taipei Times, the central bank of China in Taiwan announced Monday 29 January that George Chou, who serves as director-general of the foreign exchange department, will be promoted to the position of deputy governor.
According to the Taipei Times, the central bank of China in Taiwan announced Monday 29 January that George Chou, who serves as director-general of the foreign exchange department, will be promoted to the position of deputy governor.

Chou will fill the vacancy left by deputy governor Liang Fa-chin, who will retire on Feb. 15 after serving a five-year term, the report said.

Chou, 65, has worked in the central bank's economic research department and its foreign exchange department.

He also served as the bank's chief at its London representative office.

In 1998, Chou became the head of the central bank's foreign exchange department, helping bank Governor Perng Fai-nan implement a policy to stabilize the currency market.

"As a policy-making member, Chou has made considerable contributions," a central bank press release said.

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