CIC confirms appointment of new president
China Investment Corp.(CIC) has confirmed that Executive Vice President Li Keping will succeed Gao Xiqing as vice chairman and president. Gao is leaving after reaching China's mandatory retirement age of 60.
Li, 57, joined the sovereign wealth fund in 2011 and has held the roles of both executive director and chief investment officer. Prior to that, he served as the deputy chairman of the National Council...
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