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New head at Shenzhen Development Bank

(Shenzhen Daily)
Updated: 2007-02-12 11:28

Shenzhen Development Bank Co, controlled by buyout firm Newbridge Capital LLC, last week named Xiao Suining as its president, according to a statement.

Xiao, whose last job was the Shenzhen branch manager at Bank of Communications, "has extensive experience in banking" and is expected to make "important contributions" to the "continuing significant progress and success" of the bank, Shenzhen Development said.


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