Bao Fan , who is also executive director of the bank, is a major figure in the Chinese tech industry and has played a key role in the emergence of various domestic Internet startups.
Bao also facilitated a blockbuster 2015 merger between major ride-hailing firm Didi and its top competitor at the time, Kuaidi Dache. In 2017, Chinese-Canadian businessman Xiao Jianhua was arrested by the authorities and received a 13-year jail sentence under corruption charges last August.
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