24.10.2014 - China's CIC suffers CEO reshuffle, again
China's sovereign wealth fund CIC has been hit with another senior management setback with news that its chairman and CEO, Ding Xuedong, has been named to replace Jin Liqun as head of investment bank CICC. The fact the government has reshuffled the head of China Investment Corporation to run the nation's largest investment bank left one commentator to conclude the state investment company no longer enjoyed the status it once had.However, one well-placed source said that Ding would retain his current position at CIC...............................................Full Article: Source
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