Former chairman of China Zheshang Bank under investigation

Chairman of China Zheshang Bank Shen Renkang, a delegate of the National People’s Congress (NPC), poses for a photo after an interview with Reuters during an interval of the NPC, in Beijing, China, Mar 10, 2016. (Photo: Reuters/Shu Zhang)

06 Feb 2023 05:54PM (Updated: 06 Feb 2023 06:36PM)

BEIJING: Former chairman of China Zheshang Bank is under investigation for suspected violations of law and discipline, an anti-graft watchdog in the eastern province of Zhejiang said on Monday (Feb 6).

Shen Renkang, also former party chief of the joint-stock commercial bank based in Zhejiang, was removed from his management roles in January last year, the watchdog said in a statement.

Shen, born in 1963, had served as deputy mayor of Lizhui city in Zhejiang province and mayor of Quzhou city in Zhejiang.

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