CICC chief steps down from post

Zhu Yunlai quits to pursue fresh options in Internet-related business

Zhu Yunlai, the son of former premier Zhu Rongji, has resigned from his post as the chairman and chief executive officer of China International Capital Corp Ltd, one of the country's top investment banks, the company said on Tuesday.

The board of directors approved Zhu's resignation and appointed Lin Shoukang, chief operating officer, as acting CEO, the company said in a press release.