According to the official public account of the International Monetary Fund (IMF) on the evening of August 24, Li Bo has been appointed vice president of the IMF on August 23, and he is responsible for the IMF's work in about 90 countries and a wide range of policy issues. Li Bo is also the third IMF Vice President of China after Zhu Min and Zhang Tao.
"Post-70s" Li Bo is now 49 years old, and his last stop was the vice president of Chinese Min bank. In mid-April this year, Li Bo, vice governor of the "Bank Leadership" column of the central bank's official website, formed a pattern of "one positive and seven vice presidents", and a head of the discipline inspection and supervision team of the Central Discipline Inspection Commission and the State Supervision Commission in the central bank. However, the central bank leadership configuration is usually "one positive five vice", "one positive six vice" is also relatively rare, at that time there was news that according to the usual practice, Li Bo is very likely to become the vice president of the IMF after a brief transition of the central bank.
Li Bo's study background and work experience are also highly similar to the previous two IMF Vice Presidents in China. Bo Li studied in the Department of International Economics at Chinese Min university, and later studied in the Department of Economics of Boston University, the Department of Economics of Stanford University, and the Harvard Law School, where he received a master's degree, a doctorate degree in economics, and a doctorate in professional law, respectively. After graduating with a Ph.D. in 1999, he worked as a full-time lawyer at Davis Law Firm in the United States, and returned to China five years later, starting a 14-year career at Chinese Minmin Bank.
From 2004 to 2018, Li Bo served as deputy director and director of the Department of Articles and Laws of the Chinese Bank, the Second Department of Monetary Policy, and the Department of Monetary Policy. He has played an important role in the reform of state-owned banks, anti-money laundering legislation, the internationalization of the renminbi, and the construction of China's macro-prudential policy framework.
Li Bo has also served in various public sectors in China, including vice chairman of the All-China Federation of Returned Overseas Chinese from 2018 to 2019 and vice mayor of Chongqing from 2019 to 2021, where he was responsible for financial development and regulation, foreign trade and attracting foreign investment.
Beijing News shell financial reporter Cheng Weimiao Editor Song Yuting Proofreader Liu Jun
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