Ruan Qinghua, deputy minister of the Ministry of Finance, confirmed tonight that Shen Rongjin, former executive vice president of Yuan, will take over as chairman of Taiwan Financial Holdings. The current chairman of Taiwan Financial Holdings, Lu Jucheng, will be chairman of the Bank of Taiwan.
The new cabinet took office, and the first wave of changes in the top management of public financial institutions. Ruan Qinghua said that Shen Rongjin will take over as the chairman of Taiwan Financial Holdings, and Lu Jucheng will be the chairman of Taiwan Bank. Since Taiwan Bank is the core of the financial holdings and Lu Jucheng has the main banking, this personnel arrangement is reasonable and in line with professional considerations.
