The current governor is Pan Gongsheng, who concurrently serves as the Chinese Communist Party (CCP) committee secretary of the PBC.

Officially, the governor is nominated by the premier of the State Council, who is then approved by the National People's Congress or its Standing Committee and appointed by the president.

[1] The governor post is not necessarily held concurrently with the Chinese Communist Party (CCP) secretary of the PBC.

The CCP committee secretary is the most powerful position in the bank and can hold more sway than the governor.

[3] The governor also chairs the PBC Monetary Policy Committee, an advisory body that typically includes the directors and deputy directors of other financial agencies, as well as a few influential academic economists.