10.01.2014 - Korea SWF CIO quits mid-term
The CIO of the $61 billion Korean sovereign wealth fund (SWF) has quit just 15 months into a three-year term at the helm. Lee Dong-ik, recognised by aiCIO in 2012 as being one of the most influential global investors, has quit the Korea Investment Corporation (KIC), AsianInvestor.com has reported. Lee had temporarily assumed the CEO and presidency of the KIC following the departure of Choi Chung-suk in October. This role was subsequently filled by the fund’s previous auditor Ahn “Hank” Hong-Chul who returned to the SWF in December...................................Full Article: Source
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