President Chen Yulu Appointed as Deputy Governor of PBoC

2015-11-02 IMI

On October 30, the State Council of China formally appointed Chen Yulu, chairman of the IMI Academic Committee and the president of Renmin University of China (RUC), as the deputy governor of People’s Bank of China. Professor Chen Yulu has been the president of RUC since November, 2011. As the youngest president of “985 Projects” university, he took a position of vice-ministerial level. Now he is leaving RUC where he studied and worked for thirty years for No.32 Chengfang Street, becoming the youngest deputy governor of PBoC. At present, there are three deputy governors of PBoC graduating from RUC. They are Pan Gongsheng, Fan Yifei and Chen Yulu. Chen Yulu is a second-grade professor of the School of Finance of RUC, a senior visiting scholar of Eisenhower Foundation in the U.S. and a Fulbright senior visiting scholar in Columbia University. He is also a member of 11^th Committee of the Communist Party of China in Beijing. During his tenure at RUC, he served concurrently as the vice president of All China Youth Federation, vice chairman of China International Finance Society, deputy secretary general and executive director of China Finance Society. He has been awarded the China’s Young Teacher Prize, Excellent Supervisor for Doctorate Dissertation Prize and selected by the Chinese government as a candidate for the New Century Talents Project initiated by Ministry of Human Resources. Professor Chen Yulu was a member of Monetary Policy Committee of PBoC from March 2012 to June 2015. As an expert in financial field, he specializes on macroeconomic theory and policy. In recent years, his research focuses on RMB internationalization. Professor Chen Yulu has been holding the post of the chairman of IMI Academic Committee since IMI was set up in 2009. Not only did he lead IMI research team and establish the RMB Internationalization Index, but also was on the post as the editor-in-chief of RMB Internationalization Report for four years. The report has received high attention from all social sectors due to its independence, objectivity and high reference value. Meanwhile, the report has been translated into English, Japanese and Russian and released in Beijing, Hong Kong, Frankfurt, London, New York and Almaty.

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President Chen Yulu Appointed as Deputy Governor of PBoC

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