Anna Wu replaces Henry Fan at MPFA

Henry Fan, the disgraced managing director of Citic Pacific and chairman of the Hong Kong Mandatory Provident Fund Authority, will see his current term with the MPFA come to an end on March 16. His contract with the MPFA was not renewed due to ongoing investigations by the Securities & Futures Commission (SFC) over dealings involving Fan's family and Larry Yung, chairman of Citic Pacific. The scandal was first brought to light in October 2008 when the company told investors about…