CIC appoints new CIO
China Investment Corporation (CIC) has appointed Li Keping as its new chief investment officer. Li, who was formerly vice chairman of the $130 billion National Social Security Fund, replaces Gao Xiqing, according to Reuters.
Gao remains president of the $300 billion sovereign wealth fund, but he is ultimately slated to become chairman, with Li taking over as president. The management reshuffle comes as CIC continues to...
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