The "invisible man" who held one of the world's most important investment jobs for the past four years in leading the diversification of China's foreign currency wealth has resigned.
Zhu Changhong had been the chief investment officer for the State Administration of Foreign Exchange, the agency that manages China's $3.8 trillion mountain of foreign exchange reserves. He left a starring role at Pimco, the world's largest bond house, to join SAFE in late 2009 and is now expected to return to the private sector, according to two people familiar with his decision.
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Trained as a physicist, Mr Zhu earned the "invisible" moniker for his extreme reluctance to make public appearances. He has never given any media interviews, and the only photos of him online are a grainy picture from his student days and an unidentified shot from the time of his return to China.