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Sovereign Wealth Funds Briefing - Categorized | People

Korea Investment Corp. CIO Don Lee to step down

Posted on 09 January 2014

Dongik Don Lee, chief investment officer of Korea Investment Corp., has handed in his resignation and it remains to be seen who will succeed the post of Korea’s sovereign wealth fund managing 75 trillion won mostly from foreign exchange reserves.
According to investment banking sources on January 7, Mr. Lee will take the job of advisor for the company. The successor will be brought in from outside through public announcement or from inside through promotion. For the time being, Lee Ki-hong, chief investment strategy officer, will take the interim job………………………………………..Full Article: Source


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