Weekly roundup of people moves, June 28

CIC expected to announce new chairman China’s sovereign wealth fund CIC was reportedly set to announce its new chairman on Friday. According to various media reports, Ding Xuedong, deputy secretary general of the State Council, was expected to be named as the new head of China Investment Corporation, which has $482 billion in assets under management, by AsianInvestor numbers. He would be coming in to replace former head Lou Jiwei, who was appointed finance minister in March. Th…