Lefei Liu resigns as chairman of CITIC Private Equity
Lefei Liu has resigned as chairman of CITIC Private Equity, although he will remain as CEO of the company, a person familiar with the development told AVCJ. The change is expected to have minimal impact on the day-to-day operations of the PE firm.
Liu was instrumental in the creation of CITIC PE in 2008, also serving as a director of parent company CITIC Securities. Dongming Wang, chairman of CITIC Security, will now assume the same role at the...
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