China’s sovereign wealth fund to reshuffle senior exec posts: report

Xinhua reports, “China Investment Corporation (CIC) will soon reshuffle its senior managerial posts as the country’s sovereign wealth fund and other top state-owned lenders are gearing up for the initial public offering of Agricultural Bank of China, reported Saturday’s China Daily.

Vice President of Bank of Communications (BankComm) Peng Chun will soon replace Xie Ping as general manager of Central Huijin Investment Ltd., the domestic entity of China’s sovereign wealth fund, the daily cited “people with knowledge of the matter” as saying.

The English-language newspaper said Xie would remain a vice president of China Investment Corporation (CIC), which manages 300 billion U.S. dollar sovereign wealth fund.”

read more: Xinhua



Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute


 
institutional investor investment mandates