Harvest Fund Chairman Henry Zhao Xuejun Resigns Amid Investigation

Aug 9, 2024, 10:30 AM

China's Harvest Fund Management, one of the largest mutual fund firms in the country, announced the resignation of its long-term chairman, Henry Zhao Xuejun. Zhao stepped down amid an investigation by authorities, which the company stated is related to 'personal issues' and not connected to its fund business. Zhao had served as chairman for 17 years. The company has made appropriate arrangements following his departure.