China Zheshang Bank Co. Ltd. nominated Wei Dongliang as a nonexecutive director of its board, it said in an Oct. 12 release.

Wei, who resigned from China Zheshang Bank's board in August 2016, is a director and vice chairman of Zheshang Property and Casualty Insurance Co. Ltd. and general manager of both Zheneng Equity Investment Fund Management Co. Ltd. and Zheneng Capital Holding Co. Ltd.

Wei's appointment is subject to shareholder and regulatory approval.

Meanwhile, He Xudong stepped down as a shareholder representative supervisor, effective Oct. 12, due to other work commitments.