Song Weigang, former general manager of China Galaxy Financial Holdings, will assume the position of new president of China CITIC Bank.

On September 11th, it was learned that Song Weigang, former deputy secretary of the Party Committee, executive director, and general manager of China Galaxy Financial Holdings Limited, has been appointed to China Cinda Asset Management Co., Ltd. After completing the necessary procedures, Song Weigang will become the new president of China Cinda.