Xu Honghui approved to serve as Deputy President of NetBank

On July 6, the Zhejiang Regulatory Bureau of the National Financial Regulatory Administration issued an approval, approving Xu Honghui’s qualification to serve as deputy governor of Zhejiang Huishang Bank.

The approval document states that Huishang Bank should require the above-approved personnel to strictly comply with the regulatory provisions of the National Financial Regulatory Administration. They must assume the post within 3 months from the date this administrative licensing decision is made, and report their assumption of the post in a timely manner as required. If they fail to take up the position within the above time limit, this approval document shall become invalid, and the bureau will handle the procedures for canceling the administrative license.

Huishang Bank should also urge the above-approved personnel to continue studying and mastering laws and regulations related to economic and financial matters, to firmly establish risk and compliance awareness, to become familiar with the duties of the position, and to perform their responsibilities faithfully and diligently.

(National Financial Regulatory Administration)

(Editor: Qian Xiaorui)

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