Bank of Communications Financial Leasing (BoCom FL) is in the midst of a changing of the guard, but company officials believe strategy and operations at a shipping level will not be affected.
However, all deals that are awaiting board and top-management approval will be delayed until new bosses get their feet under their desks.
No drama is seen in the shift, which includes 10 or more officials in the state-owned bank's management, both centrally in Shanghai and in provincial branch headquarters.