Jiang Guorong, China International Capital Corporation’s co-head of investment banking, is to join UBS to help run its Chinese IB business, according to two sources close to the situation.
Jiang, who is also executive chairman of CICC’s investment banking committee, has worked at the Chinese bank for about 10 years, which has seen him take various roles in equity capital markets and the investment banking department.
He was also appointed to the listing committee of the Hong Kong Stock Exchange in June 2009.
The move was first reported by China Business News, a local media group.
Prior to CICC,...