Gong steps down as JPM China IB chairman

Frank Gong will retire from JP Morgan after about a year as the US bank's chairman of China investment banking.

Gong steps down as JPM China IB chairman

Frank Gong plans to retire as JP Morgan’s China investment banking chairman, according to two people familiar with the situation. 

Gong’s decision is a surprise as he has only been in the role for about 10 months. In March 2014, then chief executive of China IB Fang Fang retired after 12 years with the firm.

There will be a transition period before Gong leaves the company.

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