Li Xiaohong, former director of the office of the central leading group for inspection work, is under investigation for suspected serious violations of Party discipline and law, China's top anti-graft authorities said on Tuesday.

Li is being investigated by the Communist Party of China Central Commission for Discipline Inspection and the National Commission of Supervision, according to a statement.

Li, 73, a native of Hubei province, began working in March 1969 and joined the Communist Party of China in 1979. He has spent much of his career in the financial sector and in discipline inspection and supervision.

He previously served as chairman and Party secretary of the former Huaxia Securities, which was restructured into China Securities in 2005. He also held posts including director of CITIC Securities, Party secretary and chairman of China Securities, secretary-general of the Beijing municipal government, director of the Beijing municipal government's general office, vice-chairman of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference, and head of the discipline inspection commission at the China Securities Regulatory Commission.

In May 2013, Li was appointed deputy head of the seventh central inspection team during an inspection of China Publishing Group. He left his post at the securities regulator in July that year and moved to the central inspection system.

He became director of the office of the central leading group for inspection work in October 2013 and left the post in 2017 after retirement. During that period, he helped organize multiple rounds of routine and special central inspections after the 18th CPC National Congress.

Li was elected a member of the 13th National Committee of the Chinese People's Political Consultative Conference in 2018 and stepped down from the body in 2023.