Korea Investment Corporation (KIC) in Seoul announced today that it had promoted Hoon Lee, the head of its Investment Strategy and Innovation Division, to chief investment officer. KIC also announced its appointment of Hoseok Jung as chief risk officer and Sean K. Lee as its new Investment Strategy and Innovation Division head. He will retain his previous responsibilities within the group.
Lee, who replaces Park Dae-yang, whose three-year term as CIO ended this month, joined KIC, one of the world’s largest sovereign wealth funds, in 2014. During his tenure, he has developed the . . .
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