20.01.2016 - Korea's $200B Plan for the Sovereign Fund Major League
New CEO Sung-Soo Eun wants to overhaul processes at Korea Investment Corporation to ensure it can compete on the world stage. Korea’s $84.7 billion sovereign wealth fund (SWF) will overhaul its “culture, processes, and behaviors” under its new CEO in response to government and public criticism. The Korea Investment Corporation (KIC) yesterday announced the appointment of former World Bank Executive Director Sung-Soo Eun as its CEO. He replaces Hongchul Ahn, who quit in November...............................................Full Article: Source
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