Chinese billionaire banker Bao Fan, who has been missing for almost a year, has resigned from all roles at his firm, China Renaissance Holdings.
He stepped down “for health reasons and to spend more time on his family affairs,” the bank said in a statement.
Mr Bao’s unexplained disappearance in February last year shocked China’s business and investing community.
Mr Bao’s unexplained disappearance in February last year shocked China’s business and investing community.
In its latest filing, the company said co-founder, Xie Yi Jing, will assume Mr Bao’s most senior roles.
Mr Bao “has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders”, it added.
However, it did not provide any details about Mr Bao’s whereabouts.
He was one of China’s most high-profile bankers with a client list that included technology giants Tencent, Alibaba and Baidu.
Chinese billionaire banker Bao Fan, who has been missing for almost a year, has resigned from all roles at his firm, China Renaissance Holdings.
Mr Bao’s unexplained disappearance in February last year shocked China’s business and investing community.
He stepped down “for health reasons and to spend more time on his family affairs,” the bank said in a statement.
In its latest filing, the company said co-founder, Xie Yi Jing, will assume Mr Bao’s most senior roles.
Mr Bao’s unexplained disappearance in February last year shocked China’s business and investing community.
Mr Bao’s unexplained disappearance in February last year shocked China’s business and investing community.
In its latest filing, the company said co-founder, Xie Yi Jing, will assume Mr Bao’s most senior roles.
Mr Bao “has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders”, it added.
However, it did not provide any details about Mr Bao’s whereabouts.
He was one of China’s most high-profile bankers with a client list that included technology giants Tencent, Alibaba and Baidu.
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