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China Guangfa Bank adds 2 directors

China Guangfa Bank Co. Ltd. elected Zhao Peng and Liu Xiangyang as directors on its board.

The appointments are subject to regulatory approvals, according to a Dec. 12 release.

Zhao is vice president and CFO of China Life Insurance Co. Ltd., while Liu is a director of financial management division at Jiangxi Provincial Expressway Investment Group Co. Ltd.