Citic Private-Equity Executive To Temasek

Sep 13 2013 | 10:19am ET

Citic Securities' private-equity chief is leaving the firm to lead Temasek Holdings' China effort.

Wu Yibing will join the Singapore state investment firm on Oct. 1, Temasek said. He succeeds Ding Wei, who will become a senior director for China at the firm.

At Citic, Wu is president of its Citic Private Equity Funds Management and CEO of its Goldstone Investment Co. He formerly worked at McKinsey & Co. and Lenovo Group.

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