Exclusive: China Development Bank Taps Fellow Policy Lender for New Vice President

Chen Mengmeng, president of the Shandong branch of the Agricultural Development Bank of China (ADBC), is slated to become a vice president of fellow policy lender the China Development Bank (CDB), sources told Caixin.

Chen is now a member of the CDB’s Communist Party committee along with Wang Kebing . Wang was also appointed a vice president and will assume the role after all the regulatory procedures are handled, Caixin previously reported.