Taiwan pension fund group elects university professor as chairman
Taiwan’s Pension Fund Association (PFA) members have elected Sharon Yang, a professor at the National Chengchi University, as the group’s new chairman.
The election was held on June 2, one day after the PFA’s former chairman, Francine Wu, finished her three-year term.
Yang, who will also hold the role for three years, teaches at the National Chengchi University’s department of finance, and is also director of the finance research centre at its college of business. According to her bio, she has extensive experience in sustainable finance and pension systems.
She also holds several public positions, including serving on the environment ministry’s carbon fee rate review committee, and the environmental, social and governance evaluation advisory committee of Taiwan Index Plus, a unit of the Taiwan Stock Exchange.
The PFA is a non-profit organisation that recommends pension reforms to the government and hosts pension-related seminars. The group has around 600 members comprising practitioners from the asset management, pension, financial and academic sectors.
China wealth fund CIC appoints Wu Yingchun as vice president
China Investment Corporation (CIC) has tapped Wu Yingchun from state-owned Industrial and Commercial Bank of China as executive vice president.
He succeeds Liu Haoling, who left the sovereign wealth fund in April to become vice chairman of the China Securities Regulatory Commission.
Wu was general manager of the institutional financial business department of Industrial and Commercial Bank of China, and president of the lender’s branch in Liaoning province.
Beijing-based CIC is responsible for managing China’s foreign reserves, with over US$1.57 trillion of assets under management.
Harrison Street names managing director and Asia co-head
US alternative investment firm Harrison Street Asset Management has tapped Michael Humphrey from StepStone Group as managing director, and co-head of Asia within its investor solutions group with Injong Kim.
Humprey takes over from James Choi, who has been promoted to take on broader responsibilities at Chicago-based Harrison Street, which manages US$109 billion of assets.
Humphrey was managing director and head of Asia at StepStone Group, a US private markets investment firm.
At Harrison Street, he and Kim will co-lead investor engagement and capital formation activities throughout Asia. Kim will continue to lead the Korean team, while Humphrey will lead other Asia Pacific markets.
The company also announced plans to open an office in Singapore, which will be headed by Humphrey. It will be the firm’s third office in Asia after Tokyo and Seoul.
Hong Kong retirement association appoints Hayly Leung as CEO
The Hong Kong Retirement Schemes Association (HKRSA), an independent non-profit organisation dedicated to advocating for better retirement policies, has appointed veteran human resources executive Hayly Leung as chief executive officer.
Leung will also become CEO of RetireHK, the HKRSA’s six-year-old retirement charitable organisation. Both appointments are effective July 1.
Leung, who retired in January 2025, has over 30 years of global human resources leadership experience. She was most recently general manager for people and culture services at Hong Kong-based conglomerate Jardine Matheson Group.
AustralianSuper promotes Shaun Manuell to CIO
AustralianSuper has promoted Shaun Manuell to chief investment officer to succeed Mark Delaney, who is retiring after 25 years with Australia’s largest superannuation fund.
Manuell, who has worked at AustralianSuper since 2013, starts his role as CIO on July 1.
AustralianSuper had over A$410 billion (US$282.87 billion)of assets under management as of end-December 2025.
