China Sovereign Fund Names International Advisory Board Members
SHANGHAI -(Dow Jones)- China Investment Corp., the country's $200 billion
sovereign-wealth fund, has named the 14 members of its newly established
international advisory board, which comprises economists, investors and former
government officials from the U.S., Europe and Asia.
All 14 members of the International Advisory Council will meet annually, and
may convene interim meetings as and when necessary, the sovereign-wealth fund
said on its Web site.
The advisory body held its first meeting Sunday.
The fund said the group will provide counsel on "the international economic
environment, corporate governance, development strategy, and investment policy,
as well as upgrading and improving our corporate image and increasing
transparency."
The following is a list of the board's members posted on CIC's Web site,
according to region:
ASIA
Zeng Peiyan, director-general of China Center for International Economic
Exchanges; former vice premier of the State Council of China
Lawrence J. Lau, vice chancellor at Chinese University of Hong Kong
Frederick Ma, honorary professor at School of Economics and Finance at
University of Hong Kong; former secretary of Commerce and Economic Development
at Government of the Hong Kong Special Administrative Region, China
Taizo Nishimuro, chairman of Tokyo Stock Exchange Group; former chairman &
chief executive officer of Toshiba Corp.
Yingyi Qian, dean of School of Economics and Management at Tsinghua
University; professor of Economics at University of California at Berkeley
Andrew Sheng, chief advisor to China Banking Regulatory Commission; former
chairman of Hong Kong Securities and Futures Commission
AMERICAS
David L. Emerson, senior advisor to Law Firm Farris, Vaughan, Wills & Murphy;
former minister of Foreign Affairs, former Minister of International Trade,
former Minister of Industry, Canada
Arminio Fraga, chairman of Board of BM&F-Bovespa; founding partner of Gavea
Investimentos; former president of the Central Bank of Brazil
Merit E. Janow, professor of International Economic Law and International
Affairs at Columbia University; chairman of NASDAQ Stock Market LLC; former
member of the Appellate Body of the World Trade Organization
John L. Thornton, chairman of Board of Trustees of the Brookings Institution;
non-executive chairman of HSBC North America; former president of Goldman Sachs
Group Inc.
James D. Wolfensohn, chairman of Wolfensohn & Co.; chairman of Citigroup
Inc's Advisory Board; former president of the World Bank Group
EUROPE
Knut N. Kjaer, president of RiskMetrics Group; former chief executive officer
of Norges Bank Investment Management
Jean Lemierre, advisor to the chairman of BNP Paribas SA; former president of
European Bank for Reconstruction and Development
Lord Nicholas H. Stern, I.G. Patel Professor of Economics and Government at
London School of Economics; former chief economist of the World Bank Group
CIC's Web site: http://www.china-inv.cn/
-Rose Yu contributed to this story, Dow Jones Newswires; 8621 6120-1200;
rose.yu@dowjones.com
(END) Dow Jones Newswires
07-09-090105ET
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