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Sovereign Wealth Funds Briefing - Categorized | People

CIC head get communist party promotions

Posted on 16 November 2012

The chairmen of China’s sovereign wealth fund, largest energy company, fourth-biggest bank and top airplane maker were given higher positions in a ruling Communist Party undergoing a once-a-decade leadership change.
China Investment Corp.’s Lou Jiwei, 61, served in the People’s Liberation Army, was deputy governor of the southwestern province of Guizhou and was a deputy finance minister before joining CIC, which oversees about $482 billion in assets………………………………………..Full Article: Source

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