KIC’s likely new CIO seen as a smart pick
A solid track record and an international profile are among the factors named for David Park, the preferred prospect to lead investments at South Korea’s sovereign wealth fund.
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Korea Investment Corporation's apparent preference for Park Dae-yang to be its next chief investment officer has hailed by investment industry executives as a sensible pick to replace outgoing investment head Kang Shin-woo.
According to several sources and media reports, Park, who is currently CIO of the Korea Teachers’ Pension Fund, appears to be all but confirmed. He is understood to be going through the final review by Korea's Blue House.
Park Dae-yung
Park did not r…
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