Diao Yang, head of client solutions group, and Gloria Lu, head of equities are leaving China Renaissance to pursue other opportunities, according to three people familiar with the matter.
Based in Hong Kong, both Diao and Lu haven been on gardening leave and no longer carry on any official duties on behalf of the Beijing-based boutique investment bank. They are scheduled to leave the company in mid April and early May, two people at the bank said.
The personnel changes were announced internally earlier this week.
A third person at China Renaissance told FinanceAsia that Diao's and Lu's departure were...