Bao stepped down “for health reasons and to spend more time on his family affairs,” the company said.
Bao Fan, the star Chinese banker whose disappearance shocked the business and investing community last year, has resigned from his financial firm China Renaissance Holdings Ltd.
Bao resigned as chairman and chief executive officer with effect from Feb 2, the company said in an exchange filing Friday. The firm’s co-founder, Xie Yi Jing, will assume his duties, while Jason Lam was appointed as an executive director and vice chairman.
