BEIJING—The head of China’s fourth-largest state bank has resigned citing personal reasons amid reports of his involvement in a corruption investigation.
No details were given about the departure of Agricultural Bank of China president Zhang Yun, according to reports appearing Saturday.
The resignation of the 56-year-old executive comes amid an ongoing campaign against corruption in the Chinese government, the military and state industries.
A massive stock market sell-off over the summer has also lately focused investigators’ gaze on the financial sector.
