02.06.2015 - China wealth-fund executive’s departure said to be unconnected with stock plunge
Sovereign-wealth fund China Investment Corp. (CIC) said Friday it had accepted the resignation of its deputy general manager, Xie Zhichun. The announcement said Xie also left his position as president and executive director of Central Huijin Investment Ltd., CIC’s wholly owned subsidiary, which primarily invests in financial institutions. Xie will teach at a university and help launch an equity-investment fund linked to the central government’s Silk Road initiatives, which refer to the New Silk Road Economic Belt and the 21st Century Maritime Silk Road, a CIC employee said. He did not elaborate....................................Full Article: Source
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