Korea's Poba gets CIO, PMAA still looking: reports
Two of the country's state pensions, the Public Officials Benefits Association and the Police Mutual Aid Association, have reportedly had differing fortunes in their hunt for investment heads.
It’s been a tale of differing recruitment fortunes recently for two South Korean state funds, according to media reports.
The Public Officials Benefit Association (Poba) struck success this month in appointing a new chief investment officer (CIO), while the country’s Police Mutual Aid Association (PMAA) is struggling to find someone to fill the same role.
Poba appointed Jang Dong-hun, formerly senior executive managing director of Woori Asset Management, as its new investment …
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