BEIJING, March 20 Reuters China39;s central bank said it has reshuffled its monetary policy committee to include securities regulator head Wu Qing, vice central bank chief Xuan Changneng and two new academic members.

Wu, who was named the head of the China Securities Regulatory Commission CSRC last month, replaced his predecessor Yi Huiman on the committee, the central bank said in the statement late Tuesday.

The monetary committee, chaired by People39;s Bank of China Governor Pan Gongsheng, also added two new academic members Huang Yiping from Peking University, and Huang Haizhou from Tsinghua University, the central bank said.

Huang Yiping, who has a doctorate in economics from Australian National University and has worked at Citi and Barclays, is dean of Peking University39;s National School of Development. Huang sat on the PBOC policy committee between 2015 and 2018.

Huang Haizhou, a U.S.trained economist, was once a senior executive at investment bank China International Capital Corporation CICC and has taught at the Chinese University of Hong Kong, London School of Economics.

The new academic members replace Liu Shijin and Cai Fang, who are both influential government economists.

The policy panel meets once every quarter to discuss economic and policy issues and recommends changes when necessary, but its influence is limited.

In January, China39;s cabinet amended rules for the central bank policy panel to strengthen the Communist Party39;s leadership over…