Pan Gongsheng

Summary

Pan Gongsheng (Chinese: 潘功胜; pinyin: Pān Gōngshèng; born July 8, 1963) is a Chinese economist and politician who is the current Chinese Communist Party Committee Secretary and governor of the People's Bank of China (PBC). He served as the Director of the State Administration of Foreign Exchange from 2016 to 2023. At the PBC, he has worked on the monetary policy of China.

Pan Gongsheng
潘功胜
Pan in 2023
13th Governor of the People's Bank of China
Assumed office
25 July 2023
PremierLi Qiang
Preceded byYi Gang
Director of the State Administration of Foreign Exchange
In office
12 January 2016 – 24 November 2023
PremierLi Keqiang
Li Qiang
Preceded byYi Gang
Succeeded byZhu Hexin [zh]
Deputy Governor of the People's Bank of China
In office
December 2012 – 25 July 2023
GovernorZhou Xiaochuan
Yi Gang
Personal details
Born (1963-07-08) July 8, 1963 (age 60)
Anqing, Anhui, China
Political partyChinese Communist Party
Alma materRenmin University of China

Education edit

Pan received his Ph.D. in economics from Renmin University of China. He did his post-doctoral research at Cambridge University and was a research fellow at Harvard University.[1]

Career edit

Commercial Banking edit

Pan was Vice President of Agricultural Bank of China from 2008-2010. Prior to Agricultural Bank Pan worked at Industrial and Commercial Bank of China in a number of positions.[1]

People's Bank of China edit

In 2012, Pan joined the People's Bank of China as Deputy Governor, and later assumed leadership of State Administration of Foreign Exchange, as its administrator.[2][1] Pan leads Leading Group of Internet Financial Risks Remediation, which has been tasked with clamping down on Bitcoin and cryptocurrency in China.[3]

He is also a member of the Academic Committee of the China Finance 40 Forum (CF40).[4] In July 2023, he was appointed as the secretary of the People's Bank of China Committee of the Chinese Communist Party, succeeding Guo Shuqing.[5][6]

In 2023, Pan was appointed as the Governor of the People’s Bank of China.[7]

References edit

  1. ^ a b c http://www.pbc.gov.cn/english/130715/130839/index.html
  2. ^ "国家外汇管理局信息门户". State Administration of Foreign Exchange. Archived from the original on 2018-01-17. Retrieved 2018-01-09.
  3. ^ Russell, John (9 January 2018). "China is reportedly moving to clamp down on bitcoin miners". TechCrunch. Retrieved 10 January 2018.
  4. ^ "Organizational Structure". CF40.
  5. ^ Pisharody, Gokul; Gautam, Bharat Govind (2023-07-01). "China foreign-exchange regulator Pan Gongsheng named central-bank party boss". Reuters. Retrieved 2023-07-01.
  6. ^ White, Edward; Leng, Cheng (2023-07-01). "Western-trained banker in line to lead China's central bank". Financial Times. Retrieved 2023-07-01.
  7. ^ "中华人民共和国主席令(第八号)--新闻报道-中国共产党新闻网". cpc.people.com.cn. Retrieved 2023-07-25.


Party political offices
Preceded by Communist Party Secretary of the People's Bank of China
2023–present
Incumbent
Government offices
Preceded by Director of the State Administration of Foreign Exchange
2016–2023
Succeeded by
Zhu Hexin
Preceded by Governor of the People's Bank of China
2023–present
Incumbent