Aberdeen Asset Management Asia has established a licensed representative office in Korea and hired Robert Park to run it. Park will be responsible for developing the firm's profile among Korean institutional investors. He reports to Hugh Young, Aberdeen's managing director in Singapore.
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With 10 years of experience in both the private and public sectors, Park most recently played an instrumental role in advising the Korean government as team leader and chief asset adviser of the KIC Establishment Task Force, which has set up the Korean Investment Corporation, the new government investment agency.
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Before that he served asáa vice president for the Korea Centre for International Finance under the Ministry of Finance and Economics, where he headed the research into third-party asset managers, the asset management industry and the Northeast Asia financial hub project.
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Over the previous decade his career included a variety of roles in both Korean and foreign-owned companies. He was a senior portfolio manager of fixed-incomeáinvestments and equity basket trading at CAM, the chief financial treasurer at Credit Suisse First Boston and a derivatives trader at BridgeáSecurities, all based in Seoul.á In addition he has wide experience of product structuring and marketing.