CalPERS names ex-SAFE executive as CIO
California Public Employees’ Retirement System (CalPERS) has appointed Yu Ben Meng, who has spent the last three years as deputy CIO of China’s State Administration of Foreign Exchange (SAFE) as its new CIO.
Meng had a seven-year stint with CalPERS, latterly serving as an investment director for asset allocation, prior to joining SAFE. The nature of his duties at the Chinese government agency, which is responsible...
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