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Management shake-up befalls JP MorganÆs China JV

Another CEO role opens up in Shanghai as Mandy Wang departs China International and is followed out of the firm by her deputy general manager.

China International Fund Management, JP Morgan's Shanghai-based joint venture, confirmed yesterday that chief executive Mandy Wang is stepping down after five years at the firm. Wang's deputy general manager Fu Fan is also departing to take a general manager role at Chinese shareholder Shanghai International Trust Corporation (Sitico).

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