Central Banking

Ex-PBoC’s Su new chair of country’s biggest electronic payments provider

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Su Ning, a former deputy governor of the People's Bank of China (PBoC), has been appointed chairman of China UnionPay, the country's biggest electronic payments service provider.

The Global Times, the English language version of the Communist Party's People's Daily newspaper, said the company made the announcement on Sunday.

Su left the central bank in June, having crossed the official state retirement age of 60 three years ago. Local media reported at the time of his departure that Su would be

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