CIC appoints Liu Jun executive vice-president

Liu, the fourth senior executive hired by China’s sovereign wealth fund this year, was deputy general manager at state-owned enterprise China Everbright Group.

Liu Jun, former deputy general manager at state-owned enterprise China Everbright Group, has joined sovereign wealth fund China Investment Corporation (CIC) as executive vice-president.

Liu, 44, spent more than two decades at China Everbright, working in various units of the group, itself a subsidiary of CIC. He began his career at financial services affiliate China Everbright Bank in 1993 as a foreign exchange trader and served in several key management roles, including division chief of the correspondent banking division. 

In December 2010 Liu was appointed executive vice president of the bank, a position he held until July 2014, when he was promoted to deputy general manager of China Everbright Group.

Hong Kong-listed subsidiary China Everbright International, an environmental technology provider, named Liu vice-chairman and executive director in August 2014. Liu remained at China Everbright International until November 10 of this year, when he resigned his positions to join CIC.

CIC has made a total of four senior executive appointments so far this year. Tu Guangshao, former vice mayor of Shanghai, was appointed vice chairman and president of CIC in July, replacing Li Keping, who was also chief investment officer. 

The two other executive vice-presidents are Qi Bin, former director of the international cooperation department at securities regulator China Securities Regulatory Commission (CSRC), who joined in August this year, and Bai Tao, former vice president of insurer China Life Insurance, who was hired in October 2016.

An economics graduate from Renmin University of China, Liu also holds a doctorate in business administration from Hong Kong Polytechnic University.

Image of Liu Jun courtesy of CIC

See more from this Government Report: People's Republic of China


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