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ICBC names president, directors

Industrial& Commercial Bank of China Ltd. said Gu Shu was appointed aspresident and vice chairman of the bank.

Further, Gu Shu was nominated as an executive directorcandidate, the company said in a Sept. 27 release. He has served as anexecutive vice president at ICBC since October 2013.

Meanwhile, Sheila Colleen Bair was nominated as anindependent nonexecutive director candidate. Bair is on the internationaladvisory council to the China Banking Regulatory Commission.

The appointments are subject to regulatory approval.