The personal life of former Bank of China head Liu Liange came under public scrutiny. Questions regarding his character were prompted by reports revealing his four marriages and relationships.
Bio Data and Personal Information
| Attribute | Details |
|---|---|
| Full Name | Liu Liange |
| Date of Birth | May 1961 |
| Place of Birth | Yongji, Jilin, China |
| Political Party | Chinese Communist Party (Expelled) |
| Educational Background | Jilin Finance and Trade College (UG) Graduate School of the People’s Bank of China (MEcon) |
| Professional Roles | Chairman, Bank of China (2019-2023) President, Export-Import Bank of China (2015-2018) Director, Anti-Money Laundering Bureau, People’s Bank of China (2005-2007) |
| Notable Allegations | Corruption, Bribery, Multiple Marriages |
| Source | Caixin Global |
Expertise and Divorced Ascent
The banking sector in China propelled Liu to prominence. He became the youngest chairman of a state-owned bank among the “Big Four” by 2019. His early career highlights include positions at China’s central bank and the country’s export-import agency. On the other hand, he was accused of misbehavior and corruption throughout his tenure.
His Original Marriage
There was a high-ranking official whose daughter Liu wed first. His ascent was allegedly aided by this link. Liu got a divorce with her when she became successful in her career. Some have speculated that his personal relationships influenced his professional success.
Scandals, Multiple Marriages
Liu was married four times in his personal life. His business associates got younger and younger. Accusations of having an affair dogged him for the entirety of his professional life. Claims of “moral corruption” and public outcry followed.
Union with the Girlfriend of His Son
People were furious over Liu’s fourth marriage. At first, he was against his son being involved with a girl. They were “not a suitable match” for her, he said. Liu married her after he had his son break up with her.
Reportedly, Liu’s kid fell into a deep depression after being surprised by the marriage. The public’s perception of Liu was already severely damaged before this crisis even began.
A Life of Extravagance
An extravagant lifestyle was enjoyed by Liu. Using private jets, he went skiing in Xinjiang every year. It has been stated that these trips were arranged by a domestic equity fund founder. This extravagant spending became a sign of Liu’s carelessness with how the people saw him.
Suspected Acts of Corruption
Liu was kicked out of the Communist Party in October 2023. Allegations of corruption and bribery were leveled against him. His prominent career came to an end as a result of these accusations. Ethical lapses eclipsed his professional accomplishments.
Public Opinion and Criticism
Many people were critical of Liu’s actions. Meetings with female employees at odd hours were among the accusations. The public’s view of senior politicians as corrupt was further reinforced by his lifestyle and actions.