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2024-07-06 03:18:42 +0300

China’s $1.2 Trillion Wealth Fund Loses Another Two Directors

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Bloomberg

China Investment Corp., the nation’s $1.2 trillion sovereign wealth fund, has lost two more directors, adding to a string of senior departures in recent years.

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Sun Bo, who was head of the dynamic asset allocation team, resigned last month, people with knowledge of the matter said. Qian Shichun, a risk management team leader for private investments, also quit recently to seek other career opportunities, the people said, asking not to be identified discussing personnel changes.

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