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Capital Securities names president, vice chairman

Capital Securities Corp.'s board appointed Chia Chung-Tao as company president, subject to regulatory approval, replacing Chao Yung-Fei.

Meanwhile, the board named Chao vice chairman, effective Oct. 17, according to Oct. 12 filings. Chao was appointed to the board Oct. 11.

Chia is vice chairman of Capital Securities unit Capital Futures Corp.