people moves

Goldman's Jin-Yong Cai moves to IFC

IFC, a member of the World Bank group, names former Goldman Sachs China head as its new chief executive.
<div style="text-align: left;"> IMF headquarters in Washington </div>
<div style="text-align: left;"> IMF headquarters in Washington </div>
August 14, 2012

The World Bank has hired Jin-Yong Cai, a veteran Chinese banker, to head its private-sector investment arm, IFC, which manages $20 billion worth of emerging-market investment projects.

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