Xiang Junbo (; born 1957) is the former chairman of the

China Insurance Regulatory Commission The China Insurance Regulatory Commission (CIRC) was an agency of China authorized by the State Council to regulate the Chinese insurance products and services market and maintain legal and stable operations of insurance industry. It was founded o ...

(CIRC). He was previously chairman of the

Agricultural Bank of China Agricultural Bank of China (ABC), also known as AgBank, is one of the " Big Four" banks in China. It was founded on 10 July 1951, and has its headquarters in Dongcheng District, Beijing. It has branches throughout mainland China, Hong Kong, Lond ...

Limited (starting in January 2009). He obtained a Ph.D. in law from

Peking University Peking University (PKU; ) is a public research university in Beijing, China. The university is funded by the Ministry of Education. Peking University was established as the Imperial University of Peking in 1898 when it received its royal charter ...

. In February 2014, ''

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

'' reported that Xiang made a direct job plea to

JPMorgan JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the w ...

Chase Chief

Jamie Dimon James Dimon (; born March 13, 1956) is an American billionaire businessman and banker who has been the chairman and chief executive officer of JPMorgan Chase – the largest of the big four American banks – since 2005. Dimon was previously on ...

for daughter of a close friend. On April 9, 2017, Xiang was placed under investigation by the

Central Commission for Discipline Inspection The Central Commission for Discipline Inspection (CCDI) is the highest internal control institution of the Chinese Communist Party (CCP), tasked with enforcing internal rules and regulations and combating corruption and malfeasance in the par ...

of the

Chinese Communist Party The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and One-party state, sole ruling party of the China, People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victoriou ...

for "serious violations of regulations". Xiang was expelled from the Communist Party on September 23, 2017. In 2019 he was jailed for bribery.

References

Living people Chinese bankers Peking University alumni High School Affiliated to Renmin University of China alumni Businesspeople from Chongqing 1957 births Alternate members of the 17th Central Committee of the Chinese Communist Party Members of the 18th Central Committee of the Chinese Communist Party Expelled members of the Chinese Communist Party Agricultural Bank of China people Chinese politicians convicted of corruption {{PRChina-business-bio-stub