On the move

Qi Bin is now deputy general manager of CIC

China's sovereign wealth fund China Investment Corp has appointed Qi Bin, former director of the international cooperation department at the China Securities Regulatory Commission, the country's securities regulator, as deputy general manager. Qi assumed responsibilities in his new role on Aug 3, according to Caixin. CIC has not announced the appointment yet. The news came after the Chinese sovereign wealth fund tapped Shanghai's Deputy Mayor Tu Guangshao in June as its new general manager to replace retiring Li Keping. After graduating from Tsinghua University in 1991, Qi, 48, obtained an MA from the University of Rochester and an MBA from the University of Chicago.

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