China appoints head of foreign exchange regulator

Veteran banking executive Zhu Hexin to lead Safe in latest change among senior financial officials


Chinese authorities have appointed veteran banker Zhu Hexin as the party chief of the State Administration of Foreign Exchange, the country’s foreign exchange regulator.

Zhu will take over Pan Gongsheng’s role as Safe’s party chief, the regulator announced on November 24. Pan has been the administrator and party chief of the FX regulator since 2016, and became governor of the People’s Bank of China in July.

Beijing also appointed Zhu as a member of the PBoC’s party committee. Under the State

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account