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Tense times in Seoul amid CEO reshuffles

A wave of resignations sweeping through KoreaÆs leading institutional investors means itÆs nearly time to update the Rolodex.
Think you know all the right people in Seoul? Perhaps not for much longer: the financial elite is going through massive turnover, in most cases heralded by the arrival of the new president, Lee Myung-bak. His conservative Grand National Party (GNP) was elected to the Blue House in February and won control of the National Assembly in parliamentary elections held on April 8.Rotation among bureaucrats and managers at state-owned pension funds is normal in Korea, but this time the changes…
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