Korea Teachers’ Credit Union Appoints New CIO

Korea Teachers’ Credit Union (KTCU) has appointed its former head of financial investment department Park Man-soo as the new chief investment officer under a three-year term starting January 17, succeeding former CIO Kim Ho-Hyun, whose three-year term this month, the Korean pension fund announced.

KTCU has never reappointed a CIO for a second term. Based in Seoul, the new CIO, Park, joined KTCU in 1992, and was recently the head of the financial investment department overseeing equity and fixed income investment.

Meanwhile, KTCU has named former head of business strategy and planning department Kwak Jae-hwan as director of management support. His term also started on January 17 for three years.