Liu put in charge of Citic's brokerage business

Liu Jun will replace Xu Gang at the helm of Citic Securities' brokerage business and remain in charge of asset management.

Liu put in charge of Citic's brokerage business

Liu Jun is replacing Xu Gang at the helm of Citic Securities's brokerage business as it looks to close the gap with its main rival Huatai Securities, sources familiar with the matter said on Wednesday.

Liu will remain head of the diversified Chinese financial group's asset management division, a role he has held since late 2013. He will soon also join the executive committee of Citic Securities, which currently comprises eight people, including...

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