Yam joins China Investment Corporation


Former head of Hong Kong's central bank Joseph Yam was granted a seat on the advisory council at one of China's largest sovereign wealth funds on Thursday.

China Investment Corporation (CIC), a sovereign wealth fund, appointed Joseph Yam, the former chief executive of the Hong Kong Monetary Authority (HKMA), to its international advisory council for two years.

Established on 29 September 2007 with the issuance of special bonds worth Rmb1.55 trillion ($228 billion) from China's Ministry of Financ

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