Korea’s National Pension Service CIO Exits
Posted on 11/08/2015
Korea’s National Pension Service (NPS) has lost its chief investment officer over a long spat. The NPS’ CIO Hong Wang-Sun stepped down last week. NPS’ Chairman Choi Kwang had a major disagreement with the CIO and objected to his re-appointment. Choi Kwang wanted a specialist in the CIO to generate higher returns. He clashed with […]