Noah Fund senior management reshuffle: Liu Xiang appointed as general manager

On July 11, Noan Fund released an announcement stating that Qi Bin stepped down as the company’s general manager due to personal reasons, and Liu Xiang, the former deputy general manager of the company, was promoted to general manager.

Noan Fund said this personnel change is a normal adjustment and will not affect the company’s overall strategic direction or the normal operation of its products under management.

Based on publicly available work history, the newly appointed general manager Liu Xiang has held roles including Investment Manager at the Finance Department of China National Chemical Import and Export Corporation, Secretary of the Board of Directors at Sinochem International (Holding) Co., Ltd., Chairman and General Manager of Sinochem International (Singapore) Co., Ltd., General Manager of Sinochem Capital Innovation Investment Co., Ltd., and Chairman and General Manager of Sinochem Chuangke Private Fund Management Co., Ltd. He joined Noan Fund as Assistant General Manager in March 2024, and served as Deputy General Manager of Noan Fund in April 2025.

As of March 31, 2026, Noan Fund’s publicly offered asset management scale was 197.15B yuan, with an active equity management scale of 51.79B yuan. Since its establishment, it has generated a total return of 63.14B yuan for holders.

This year, management changes have frequently occurred across the public offering fund industry. As of now, companies including Guoxin Guozheng Fund, Allianz Fund, Quanguo Fund, Vanjia Fund, Huaan Fund, Western Securities Fund, Great Wall Fund, and Zhongtai Asset Management have all announced changes to their chairmen or general managers. Among them, most departures were due to personal reasons, while some personnel left due to reaching the retirement age.

In response to the opportunities and challenges of high-quality development in the industry, Noan Fund stated that it will continue to put investors first, strictly adhere to the compliance and risk-control bottom line, uphold a long-termism philosophy, lead with its technology-investment characteristics, continuously strengthen investment research capabilities, improve its talent pipeline, and optimize its product layout. On this basis, the company will further enhance asset allocation and customer service capabilities to better meet the market’s and customers’ diverse allocation needs, striving to create long-term sustainable returns for holders.

(Fund announcement, Noan Fund)

(Editor: Xu Nannan)

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