A vice-president of Bank of China, China's fourth-largest bank, has resigned after he was investigated and subsequently cleared of suspicion of corruption by the Communist Party's top disciplinary body.

A vice-president of Bank of China, China's fourth-largest bank, has resigned after he was investigated and subsequently cleared of suspicion of corruption by the Communist Party's top disciplinary body, according to the South China Morning Post.

Wang Yongli, a vice-president and executive director of Hong Kong-listed Bank of China, had resigned from the bank, the bank is quoted as saying last Friday.

The VP had had worked at the bank for 25 years and been a vice-president for more than seven years.

He had been in charge of various departments within the bank, including finance and information technology, before being promoted to vice-president in 2006.

Wang was a contender for the bank's top job when its previous president, Li Lihui , retired at the end of last year, the publication said, adding that he lost out on the job to a fellow vice-president, Chen Siqing, who was named president in January.