Lai Xiaomin

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Lai Xiaomin (Chinese: 赖小民; 21 July 1962 – 29 January 2021) was a Chinese politician, business executive and senior economist who served as Chinese Communist Party Committee Secretary and chairman of the board of China Huarong Asset Management from September 2012 to April 2018. He was dismissed for graft on 17 April 2018. On 5 January 2021, Lai was sentenced to death without reprieve for bribery, embezzlement, and bigamy. His private assets were seized as well. The sentence was carried out on 29 January 2021. He assumed various posts in the People's Bank of China, including deputy director and Director of the Central Funding Department of the Planning Capital Department of the People's Bank of China, Director of the Second Division of the Bank, deputy director of the Credit Management Department, and deputy director of the Bank Supervision Second Division. He was a delegate to the 12th National People's Congress. His positions prior to his downfall included; deputy director of the Banking Supervision Department of the China Banking Regulatory Commission, Head of the Preparatory Team of the Beijing Supervision Bureau, Secretary of the Beijing Banking Regulatory Bureau, Secretary of the Party Committee, Director of the General Office of the China Banking Regulatory Commission, and Director of the Party Committee Office and Chief Spokesperson.