Li Keping leaves China's NCSSF to join CIC as CIO

China Investment Corporation has appointed Li Keping, former vice chairman of the National Council for Social Security Fund (NCSSF), as its new chief investment officer. Gao Xiqing, CIC vice-chairman and president, will no longer serve as CIO, and Zhang Hongli has retired as executive director and vice-president. Li will head CIC's five departments: asset allocation and strategic research, public market investment, tactical investment, private market investment and special inves…