Peng Chun

Peng Chun is a Chinese bureaucrat and was the chairman of China Investment Corporation, one of China's sovereign funds.

Career

Peng is a career bureaucrat and banker who spent decades rising through the ranks of China's Bank of Communications.^[1]: 117

From April 2010 to September 2013, Peng served as the general manager and executive director of Central Huijin.^[1]: 117

He later served as chairman of the Bank of Communications,^[2] a post he resigned from shortly before being appointed China Investment Corporation's Chairman in April 2019.^{[3][1]: 117} As the Chair of CIC, Peng continued former Vice Chairman Tu Guangshao's strategy of forming cooperation funds to better satisfy Western countries' screening processes for foreign direct investment: in 2020, CIC formed the France-China Cooperation Fund, the China-Italy Industrial Cooperation Fund, the UK-China Cooperation Fund, and the Japan-China Industrial Cooperation Fund.^{[1]: 117–118}

In November 2024, Peng was succeeded as Chair of CIC by Zhang Qingsong.^[4]