CICC Appoints Bi Mingjian As New CEO

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China International Capital Corporation (CICC) has appointed Bi Mingjian, a partner at Chinese private equity firm Hopu Investment Management Co., as its new CEO, effective immediately. Bi succeeds Levin Zhu, the son of China’s former premier Zhu Rongji, who resigned as CEO and chairman of CICC in October, 2014, according to a company announcement.

Bi will also take the position of chairman of the management committee at CICC. He will initially serve as the acting CEO and chairman of the management committee until the regulatory authorities approved his regulatory registration.

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