14 November 2018

SAFE chief investment officer Zhu said to resign, yicai says

The chief investment officer of the State Administration of Foreign Exchange (SAFE), Zhu Changhong {朱長虹}, is said to have resigned, with the reason for the departure not known, news website reported late Monday. The 44-year-old Zhu is recognized for his aggressive investment style while maintaining a low personal profile, earning him the nickname of being SAFE’s “invisible man”, the report noted. Zhu joined SAFE in February 2010 from Pacific Investment Management Company LLC (PIMCO) following an invitation from SAFE Administrator Yi Gang {易綱}, it said.

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