19.01.2016 - Korean Sovereign-Wealth Fund Names New CEO
South Korea’s sovereign-wealth fund has said it has hired a World Bank director as its new chief executive following the resignation of its previous leader in November. Korea Investment Corp., which had $84.7 billion of assets at the end of 2014, appointed World Bank executive director Sung-Soo Eun to start Tuesday. He was previously deputy minister for international affairs at South Korea’s Ministry of Strategy and Finance. His predecessor resigned after leading a controversial and unsuccessful bid to purchase a stake in the Los Angeles Dodgers baseball team...............................................Full Article: Source
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