Foreign-owned securities firms continue to change leadership, and Wang Yunlai, head of Huahua Wealth Management, is planning to join Standard Chartered Securities as CEO.

There is a new development in the management adjustment of Standard Chartered Securities Limited. According to informed sources, recently, Wang Yunlai, deputy general manager of Huihua Wealth Management Co., Ltd., will resign and move to Standard Chartered Securities, as the proposed CEO. If this appointment is confirmed, it will fill the core management position vacancy at Standard Chartered Securities, which has been in turmoil due to the sudden departure of the former general manager.