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  • Mr. Jayadeva Ranade at Globesec Conference, Prague
  • Mr. Jayadeva Ranade at Globesec Conference, Prague
  • Mr. Jayadeva Ranade at Globesec Conference, Prague

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CHINA-LEADERSHIP APPOINTMENTS

Peng Chun (彭纯), former chairman of "Big Five" state-owned lender Bank of Communications Co. Ltd., is the new chair of China Investment Corp. (CIC), the world’s second-largest sovereign wealth fund. CIC’s former chair Ding Xuedong (丁学东) left in 2017. He's now the executive deputy secretary-general of the State Council. Peng Chun previously served as a Vice President at CIC from 2010 to 2013. CIC Executive Vice President Ju Weimin (居伟民) has also been promoted to President.