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Top banker exiting CICC for China sovereign fund due to brother s regulator role, sources say

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.

Top CICC exec said to exit for China sovereign fund due to brother s regulator role

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.

Chinese investment bank CICC s president & CFO Wu Bo to step down

CICC said its President and Chief Financial Officer Wu Bo would step down from his positions, effective immediately.

Top China Banker Steps Down After Brother Becomes Markets Chief

Top China Banker Steps Down After Brother Becomes Markets Chief
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