The CEO of Hong Kong's investment agency has been appointed to a global organization's board, marking the first time a Chinese sovereign fund has held a seat. This move strengthens the organization's work with leading firms and investors.

The head of Hong Kong’s government investment agency has been appointed as a director of a global organisation that brings together leading firms and investors, marking the first time a Chinese sovereign wealth fund has held a seat on the board. FCLTGlobal announced on Wednesday that Clara Chan Ka-chai, CEO of the Hong Kong Investment Corporation (HKIC), had become one of the 19 directors on its board. “Clara brings deep experience and thoughtful leadership that will strengthen our work to...