Construction Guarantee Union Appoints Im Seop as Head of Asset Management Division
On the 13th, the Korea Construction Guarantee Insurance Corporation announced that it has appointed Im Seop, former Head of the Pension Fund Investment Pool Management Division at Korea Investment Trust Management, as the new Head of the Asset Management Division through an external recruitment process. The term of office is two years from the date of appointment.
New Head Im previously served as a Senior Advisor at the law firm Sejong, Head of the Fund Management Center at POSCO Technology Investment, and Head of the Asset Management Team at the Ministry of Employment and Labor.
Following the largest organizational restructuring since its founding, the Korea Construction Guarantee Insurance Corporation plans to focus its capabilities on increasing asset management returns through securities, real estate, and alternative investments in addition to its existing construction guarantees, now that the appointment of the Head of the Asset Management Division has been finalized.
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An official from the corporation stated, "We will strive to enhance asset management returns based on thorough risk management and thereby further improve the economic benefits for our members."
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