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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, People

Shanghai vice-mayor set for China Investment Corp

Posted on 13 May 2013

Tu Guangshao is expected to be named as chairman of the US$500 billion sovereign wealth fund China Investment Corp. Beijing is expected to announce appointments to key financial positions in the near future as the new leadership prepares to take bolder steps towards financial reforms.
Tu Guangshao, executive vice-mayor of Shanghai, will be named chairman of the mainland’s US$500 billion sovereign wealth fund, China Investment Corp, more than two months after Lou Jiwei left the post to become finance minister, sources said……………………………………Full Article: Source


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