Korea’s military pension fund names new CIO
The $7.2 billion fund hires Seok-Hwan Park, who has worked for Barclays Global Investors in Hong Kong, to run asset management and investments after his predecessor resigned.
South Korea’s $7.2 billion Military Mutual Aid Association (MMAA) has appointed a new chief investment officer with overseas experience in the shape of Seok-Hwan Park.
He took up his post on December 29, having joined from Capstone Asset Management in Seoul, where he ran asset management and investments. His initial three-year term is extendable.
Park was picked in a public recruitment campaign from more than 30 candidates after former incumbent Jin Yeong-Ho quit to join BNG Sec…
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