Korea’s GEPS seeks CIO as KBAM sets up new team

Korea’s Government Employees Pension Service (GEPS) has begun a public recruitment process for a new chief investment officer, and competition for the post is expected to be fierce. Separately, the $6.26 billion fund has seen its head of overseas investment, Kim Youngsung, leave to head the newly created global investment division at local firm KB Asset Management. He left in December and told AsianInvestor that his new remit is to find strong offshore asset managers to help run m…