Korea's NPS expected to name Lee as CIO

Sep 28, 2010

Sources in Seoul are tipping Lee Chan-Woo to be named the new CIO of Korea’s National Pension Service, the world’s fourth largest pension fund with assets of $260 billion.

Korea’s National Pension Service (NPS) is expected to appoint Lee Chan-woo as its next chief investment officer (CIO) within the next fortnight. Sources in Seoul say Lee is one of two to have made it through to a final round to determine who succeeds CIO Kim Sun Chung, but is regarded as the favourite.

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