Bao Fan adds another chapter to China's history of missing businessmen
A billionaire China banker who had apparently gone missing for a year, has resurfaced, sort of. China Renaissance Holdings said in a statement on Friday that Bao Fan, who dropped out of sight over a year ago, had resigned as executive director and chief executive officer, along with other company positions. Acting CEO Xie Yi Jing took up the post as CEO, with others assuming varying roles that Bao had played.The company said Bao was stepping down for “health reasons” and to “spend more time on his family af ...