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Sovereign Wealth Funds Briefing - Categorized | People

China names key banker to head sovereign fund

Posted on 29 May 2013

China’s massive sovereign wealth-fund has named a senior executive at the country’s largest bank, the Industrial & Commercial Bank of China (ICBC), as the head of its supervisory board. China Investment Corp. said on Monday that the decision was “rendered by the State Council of the People’s Republic of China on May 17th, 2013”.
“Mr. Li Xiaopeng has been appointed Chairman of Board of Supervisors of China Investment Corporation (CIC) and Mr. Jin Liqun will no longer serve as Chairman of the Supervisory Board of CIC,” the statement said………………………………………..Full Article: Source


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