Mr. Xiao Gang

Biography

Aged 45, is the Chairman of the Board of Directors and Chairman of the Risk Management Committee of both the Company and BOCHK. Mr. Xiao has been the Chairman and President of BOC since March 2003. He is also a director of BOC (BVI) and BOCHKG. He has been elected as the Chairman of China Association of Banks since June 2003. Prior to joining BOC, Mr. Xiao served as Deputy Governor of the People’s Bank of China (“PBOC”) from October 1998 to March 2003. He joined PBOC in 1981 and had served various positions in PBOC, including Director of the Research Bureau, Head of the China Foreign Exchange Trading Center, Assistant Governor, Director of the Planning and Treasury Department and Director of the Monetary Policy Department. He had also been appointed as President of Guangdong Branch of PBOC and Director of the Guangdong Branch of the State Administration of Foreign Exchange. Mr. Xiao graduated from Renmin University of China with a master’s degree in Law. Mr. SUN Changji, Vice Chairman

Research Interest

Accounting Economics Banking Commerce business and management