CHINA Construction Bank Corp, the nation's second largest, has promoted Zhu Xiaohuang to the position of vice president, replacing Zhao Lin.

Zhu, 51, is currently the bank's chief risk officer, Beijing-based Construction Bank said in a statement to the Hong Kong stock exchange yesterday. According to Bloomberg News, the appointment is pending approval by the China Banking Regulatory Commission.

Zhao resigned on May 6 to replace Wang Weiqiang, who is planning to retire from his post as head of the board of supervisors at Industrial & Commercial Bank of China Ltd, the 21st Century Business Herald reported May 4.

The revamp follows the completion in March of the largest reorganization of China's government officials since 2003, and follows similar management changes for the nation's state-controlled insurers and telecommunications providers in the past.