Temasek has hired Wu Yibing from China’s Citic Group as a senior managing director and its new head of China a key role within the firm as China represents the second largest country exposure in its portfolio after Singapore.
The Singapore government-owned investment company said in a release that Wu will replace Ding Wei, who will take on a new role as advisory senior director for China. Ding, who has been head for China since he joined Temasek at the beginning of 2011, has requested to work in an advisory capacity to give him the flexibility to pursue other interests as well, it said.
Wu will...
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