International Advisory Council

Function
The International Advisory Council (hereafter referred to as the “Council”) is an internal advisory body consisting of experts of international reputation and status, who would, at the request of the Company, provide advice to assist the Company in better understanding global macro-economic and financial issues, developing its overall strategic direction and policies, including overseas investment strategies, policies and processes of the Company.

The Council convenes once a year, and may convene interim meetings at the request of the Company as and when necessary. The Public Relations and International Cooperation Department functions as the secretariat of the Council, and Mr. Wang Shuilin, MD and Head for above Department serves as Secretary-general of the Council.

Members
Asia
Zeng Peiyan (China)
Chairman, China Center for International Economic Exchanges; former Vice Premier of the State Council, China

Frederick Ma (Hong Kong, China)
Honorary Professor, School of Economics and Finance at University of Hong Kong; former Secretary of Commerce and Economic Development, Government of the Hong Kong Special Administrative Region, China

Taizo Nishimuro (Japan)
Chairman, Tokyo Stock Exchange Group; former Chairman & CEO, Toshiba Corporation

Yingyi Qian (China)
Dean, School of Economics and Management at Tsinghua University; Professor of Economics, University of California at Berkeley

Andrew Sheng (Malaysia)
Chief Advisor to China Banking Regulatory Commission; former Chairman, Hong Kong Securities and Futures Commission, China

Joseph Yam (Hong Kong, China)
Executive Vice President of the China Society for Finance and Banking; Distinguished Research Fellow of the Institute of Global Economics and Finance, Chinese University of Hong Kong; Chairman of Macroprudential Consultancy Limited; former Chief Executive of the Hong Kong Monetary Authority

Americas
David L. Emerson (Canada)
Chairman, Board of Emerson Service Ltd.; former Minister of Foreign Affairs, former Minister of International Trade, former Minister of Industry, Canada

Merit E. Janow (United States of America)
Professor of International Economic Law and International Affairs, Columbia University; Chairman, NASDAQ Stock Market LLC; former member of the Appellate Body of WTO

John J. Mack (United States of America)
Chairman of the Board, Morgan Stanley; former Chairman and Chief Executive Officer, Morgan Stanley

John L. Thornton (United States of America)
Chairman, Board of Trustees of the Brookings Institution; Non-executive Chairman, HSBC North America; former President, Goldman Sachs Group

James D. Wolfensohn (United States of America)
Chairman, Wolfensohn & Company; Chairman, Citigroup International Advisory Board; former President, World Bank Group

Europe
Knut N. Kjaer (Norway)
President, RiskMetrics Group; former Chief Executive Officer, Norges Bank Investment Management (NBIM)

Jean Lemierre (France)
Advisor to the Chairman of BNP Paribas; former President, European Bank for Reconstruction and Development

Lord Nicholas H. Stern (United Kingdom)
I.G. Patel Professor of Economics and Government, London School of Economics; former Chief Economist, World Bank Group

Secretariat
Wang Shuilin(China)
Head and Managing Director, Department of Public Relations and International Cooperation of CIC; Secretary-General, Secretariat of International Advisory Council of CIC

Charter
Please read the China Investment Corporation  International Advisory Council Charter  to find out more.