Tue, 7th Aug 2012 04:02 SHANGHAI, Aug 7 (Reuters) - State-controlled Royal Bank of Scotland Group Plc said on Tuesday
its China chairman and chief executive has resigned from her post to pursue 'outside interests.'
Sherry Liu, a former JPMorgan banker who took up the post in April 2011, will remain with RBS in as an advisor, it said in a statement.
Alex Chu will chair the board of RBS China and Qing Cheng Hua, also a former JPMorgan banker, will remain as country executive, it said.
Last year, RBS launched its Huaying Securities joint venture in China with Guolian Securities, in a bid to underwrite local stocks and bonds.
(Reporting by Kazunori Takada; Editing by Matt Driskill) Keywords: RBS CHINA/
(kazunori.takada@thomsonreuters.com)(+86-21-6104-1799)(Reuters Messaging: kazunori.takada.thomsonreuters.com@reuters.net)
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