Zhou Xiaochuan has been governor of the People’s Bank of China since 2002 and the chairman of the Monetary Policy Committee of the People's Bank of China since 2003. In his career as a regulator, and before that as a banker, Zhou was chairman of China Securities Regulatory Commission in 2000, president of China Construction bank in 1998, and deputy governor of the People’s Bank of China and administrator of the State Administration of Foreign Exchange in 1995. He graduated from Beijing Chemical Engineering Institute and received a PhD from Tsinghua University.