Yi Huiman to be president and vice-chairman of ICBC

Yi Huiman will replace Yang Kaisheng as president and vice-chairman of Industrial and Commercial Bank of China, according to an announcement released on Wednesday at the bank's website. The 49-year-old Yi has been vice-president of ICBC since May, 2008. Yang, who has been president of ICBC since October 2005, is to retire.

Developer, miner to market dollar-denominated bonds