E Fund vice GM Chen Zhimin resigns

18 December 2013   Category: News, Asia, China   By Asia Asset Management

Chinese asset manager E Fund Management announced on Tuesday (December 17) that its general manager (GM) and chief investment officer Chen Zhimin had relinquished his position, effective December 16.

Mr. Chen was one of the founders of E Fund Management when the company was established in 2001. Since then, he has held a number of senior positions in the investment department and the institutional wealth management department.

Local media reported that Mr. Chen will move to insurance company Ping An. Ma Jun, another vice GM of E Fund Management, will take over part of Mr. Chen’s duties. Mr. Ma was promoted from CIO of fixed income to vice GM in July this year.

E Fund Management is the fifth largest asset management company in China with total AUM of around 185.8 billion RMB (US$29.5 billion).