Outspoken and well-regarded Lou Jiwei has been replaced by another ex-ministry of finance official, Liu Wei. The reasons for the change remain unclear but policy continuity is expected.
We are identifying 20 outstanding executives who are driving the region's pension funds forward. Today, we feature leaders from China's NCSSF and Malaysia's EPF.
Investments under China's new Public Pension Fund scheme will be more conservative than those of the National Council for Social Security Fund, says NCSSF chairman Lou Jiwei.
Lou Jiwei, previously China’s finance minister and former chair of China Investment Corporation, has another big job ahead of him – at the National Council for Social Security Fund.
China Investment Corporation CEO Ding Xuedong has taken on an additional role as head of investment bank CICC. The sovereign wealth fund says he will retain his current function.
New chairman reported for CIC, BNY snags BlackRock MD, JP Morgan's head of North Asia exits, Robeco promotes PM and PGI hires Prudential executive.