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. History It ...

(CIRC). He was previously chairman of the

Agricultural Bank of China The Agricultural Bank of China (ABC), also known as AgBank, is a Chinese partially state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is one of the " big four" banks in China, and the second ...

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

Peking University Peking University (PKU) is a Public university, public Types of universities and colleges in China#By designated academic emphasis, university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of the Peop ...

. In February 2014, ''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'' reported that Xiang made a direct job plea to

JPMorgan JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational finance corporation headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States, and the world's largest bank by mar ...

Chase Chief

Jamie Dimon James Dimon ( ; born March 13, 1956) is an American businessman who has been the chairman and chief executive officer (CEO) of JPMorgan Chase since 2006. Dimon began his career as a management consultant at Boston Consulting Group. After earnin ...

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 supervisory organ of the Chinese Communist Party (CCP). The CCDI is elected and supervised by the National Congress of the Chinese Communist Party, CCP National Congress. ...

of the

Chinese Communist Party The Communist Party of China (CPC), also translated into English as Chinese Communist Party (CCP), is the founding and One-party state, sole ruling party of the People's Republic of China (PRC). Founded in 1921, the CCP emerged victorious in the ...

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 Alternates of the 17th Central Committee of the Chinese Communist Party Members of the 18th Central Committee of the Chinese Communist Party People expelled from the Chinese Communist Party in 2017 Agricultural Bank of China people Chinese politicians convicted of corruption {{PRChina-business-bio-stub