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Tianjin City in China on February 1, 2016.
The deceased man, Yin Jinbao, was chairman of Tianjin Rural Commercial Bank since 2017, according to SCMP, which cited a report by Jinyun New Media.
He died at around 2 p.m. on Saturday with police suspecting that he committed suicide, according to the report.
The bank did not immediately respond to CNBC’s emailed request for comment.