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
Shaukat Aziz (Pakistan)
Former Prime Minister of Pakistan; former Executive Vice President, Citibank
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)
Former Chairman and Chief Executive Officer, Tokyo Stock Exchange Group; former Chairman and Chief Executive Officer, Toshiba Corporation
Yingyi Qian (China)
Dean, School of Economics and Management at Tsinghua University; member of the Monetary Policy Committee, People’s Bank of China
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; Chairman of Macroprudential Consultancy Ltd; former Chief Executive of the Hong Kong Monetary Authority
AFRICA
Omari Issa (Tanzania)
Chief Executive Officer, Investment Climate Facility for Africa; Non-Executive Director, Millicom International Cellular, Luxembourg; Non-Executive Director, Geita Gold Mining Company, Tanzania
AMERICAS
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 Emeritus and former Chief Executive Officer, Morgan Stanley
John L. Thornton (United States of America)
Chairman, Board of Trustees of the Brookings Institution; Co-Chairman, Barrick Gold Corporation; Non-executive Chairman, HSBC North America; former President, Goldman Sachs Group
James D. Wolfensohn (United States of America)
Chairman, Wolfensohn & Company; former President, World Bank Group; former Chairman, Citigroup International Advisory Board
EUROPE
Knut N. Kjaer (Norway)
Chairman, FSN Capital Partners and Trient Asset Management; former Chief Executive Officer, Norges Bank Investment Management
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 and Political Science; former Chief Economist, World Bank Group
SECRETARIAT
Wang Shuilin(China)
Head and Managing Director, Department of Public Relations and International Cooperation, CIC; Secretary-General, Secretariat of International Advisory Council, CIC
Charter
Please read the China Investment Corporation International Advisory Council Charter to find out more.