The new head of Korea Investment Corporation is moving to implement reforms at the $90 billion sovereign wealth fund after his predecessor violated internal guidelines.
Tag : hank ahn
Ahn Hong-Chul has reportedly resigned as president and chief executive of sovereign wealth fund Korea Investment Corporation, with sources unsure as to reasons behind the move.
As KIC celebrates its 10th anniversary, the fund's CEO and president outlines an ambitious growth plan, including lifting the alternative asset allocation to 15%