This week in asset owner history: Korea's Teachers’ Pension gets new CIO
The CIO back then moved to an even bigger role, but reportedly missed out on the top investment job at the world’s third-largest pension fund.
David Park Dae-yang
Korea’s Teachers’ Pension (TP) in 2017 appointed Park Dae-yang, or David Park, as chief investment officer (CIO) to oversee the management of then W13 trillion ($11 billion) of assets under management.
He officially began his two-year tenure on January 2, 2017, replacing former CIO Park Min-ho. Park Dae-yang was a former CIO at Allianz Life Insurance until mid-2016.
The move was reported by AsianInvestor in February.
He was one of six candidates out…
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