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A top executive at China International Capital Corp is set to join Chinese sovereign wealth fund CIC after exiting the investment bank to avoid a potential conflict of interest given his brother now...
Wu Bo, who was most recently the president and CFO of CICC, is the brother of Wu Qing, who heads the China Securities Regulatory Commission.
CICC said its President and Chief Financial Officer Wu Bo would step down from his positions, effective immediately.
The president of China International Capital Corp. has relinquished his post two months after his brother was named as the head of the country’s top markets…
Wu Qing, head of the China Securities Regulatory Commission, is the older brother of Wu Bo, president of China International Capital Corp.