Hong Kong - China Telecom chairman and chief executive officer Chang Xiaobing resigned after he became the latest high-ranking executive to be targeted by anti-graft investigators.
Effective December 30, president and chief operating officer Yang Jie will take on Chang’s duties until a new appointment is made by the board of directors, China’s third-largest mobile- phone carrier said in a statement on Wednesday in Hong Kong.
China’s Central Commission for Discipline Inspection said on Sunday that Chang, who formerly headed China Unicom (Hong Kong), is being probed for severe disciplinary violations - language often used to refer to corruption investigations.
Under President Xi Jinping, anti-graft probes have snared more than 100 000 officials and spanned areas such as the military, oil industry and the finance sector.