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Hua Nan Commercial Bank president retires; replacement named

Hua Nan Financial Holdings Co. Ltd. said Yun-Peng Chang has retired as president of its banking unit, Hua Nan Commercial Bank Ltd.

David Cheng was named as the new president of the bank. Cheng is an executive vice president and spokesperson of Hua Nan Financial. He was earlier named as a director of the bank.

The changes are effective June 1, according to a same-day release.