(FILE)

Du Jinfu, a former assistant to the governor of the People's Bank of China (PBC), China's central bank, has been appointed the bank's vice governor.

Du, 55, joined the central bank in 1992 as head of research at the PBC's Inner Mongolia branch. He was promoted to assistant governor in June 2006, after heading the central bank's statistics and personnel departments. He received a PhD in economics from the Graduate School of the PBC in 1992, majoring in money and banking.

The State Council also announced on June 18 it was removing PBC vice governors Su Ning and Zhu Min from office.

Su, 63, began to serve as vice governor of the PBC in November 2003. He may be appointed chairman of the China UnionPay Data Co., operator of the country's bankcard payment network, Caijing magazine reported on May 19, citing anonymous sources.

Zhu, 58, became PBC vice governor in October 2009. He was named as a special advisor to the managing director of the International Monetary Fund in February.