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Sovereign Wealth Funds Briefing - Categorized | People

New head of China’s CIC sovereign fund named

Posted on 08 July 2013

China Investment Corporation (CIC), the country’s sovereign wealth fund, announced on Friday that Ding Xuedong will serve as its new chairman and chief executive officer (CEO). Prior to this appointment, Ding, 53, served as vice finance minister and deputy secretary general of the State Council.
The announcement came after more than three months of speculation regarding the chairmanship vacancy. The fund’s former chairman and CEO, Lou Jiwei, was named finance minister during a government reshuffle in March………………………………………..Full Article: Source


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