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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

CIC appoints 2 former senior Chinese bankers as executive VPs

Posted on 21 May 2010

From Dow Jones: China Investment Corp., the country’s US$300 billion sovereign wealth fund, said Thursday it had appointed two former senior Chinese bankers to its management team, a move that comes as the fund is stepping up overseas expansion while continuing to reform the state banking sector.

Fan Yifei, a former executive vice president of China Construction Bank Corp. who has extensive overseas experience, has been appointed an executive vice president at CIC, a statement posted on CIC’s website said. The statement said Fan has also been appointed the fund’s deputy chief operating officer……………………………………..Full Article: Source


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