Core Viewpoint - The general manager of ICBC Credit Suisse Asset Management, Gao Chong, will leave his position due to an internal personnel adjustment within the group, effective August 28, 2025, with Chairman Zhao Guicai taking over as acting general manager [1][3]. Company Summary - Gao Chong's departure is part of a broader personnel adjustment within the ICBC group, and he is expected to be promoted to a new role [2][3]. - The board of directors has approved the related matters, and the company has expressed gratitude for Gao Chong's contributions during his tenure [3]. - Under Gao Chong's leadership since July 2021, the company has strengthened its investment research system and improved investor services, leading to a significant increase in total management scale from 1.7 trillion yuan to over 2.1 trillion yuan [4]. Performance Metrics - ICBC Credit Suisse's absolute return rankings in the equity large-cap category have been strong, with first and second place rankings over five and seven years, respectively [4]. - The pension business has also seen substantial growth, leading the industry in both scale and performance, with fixed income and equity combination portfolios achieving cumulative returns of 11.27% and 11.65% over three years [4]. - The company has entered the top 100 of the "Global Asset Management 500" list for the first time, ranking 96th, marking a significant achievement for Chinese institutions [4]. Industry Context - The public fund industry is experiencing a wave of executive changes, with 258 instances of management changes reported this year, including 52 general manager departures [6][7]. - This trend reflects a normalization of leadership transitions within the industry, contributing to its healthy development [6].
2万亿公募官宣:总经理离任
Zhong Guo Ji Jin Bao·2025-08-29 12:45