Liu Mingkang

Liu Mingkang is chair of the China Banking Regulatory Commission (CBRC) and chair of the Board of Directors of the People's Bank of China (PBOC). He is a member of the 17th CCP Central Committee.
Born in 1946 in Fuzhou, Fujian, Liu graduated in economics from Beijing University. In 1979 Liu began his career when he joined the Bank of China Nanjing Branch in Jiangsu. From 1984 to 1987, he was department manager of BOC's London branch during which time he pursued an MBA from City University of London.
In 1987 Liu returned to Nanjing as the general manager of Bank of China Trust and Consultancy Co. In 1988, Liu returned to Fuzhou to become deputy general manager of the BOC (Fuzhou) and was promoted in 1992 to BOC general manager, Fujian branch. In 1993, Liu left the bank to become vice governor and party secretary for the Fujian provincial government.
Liu returned to his financial career in 1994 and served as vice governor of the State Development Bank until 1998, at which time he became PBOC vice governor. In August 1999, Liu was shifted to the position of chair of the financial conglomerate, China Everbright Group, a post he held for only a few months. In February 2000, Liu was appointed BOC chair and president. In 2002, he was appointed as an alternate member of the 16th CCP Central Committee. Liu was appointed as the first CBRC chair in March 2003.
