Maston Asset Management Appoints Namgung Hoon, Former Shinhan REITs Management CEO, as Board Chairman

Mastern Investment Management has appointed Namgung Hoon, former CEO of Shinhan REITs Management, as the new chairman of the board.

Namgung Hoon, Chairman of the Board at Maston Investment Management
[Photo by Maston Investment Management Brand Strategy Team]

On the 15th, Mastern Investment Management announced that it held a board meeting the previous day and newly appointed Namgung, an outside director, as the new chairman of the board.

Chairman Namgung graduated from Seoul National University with a degree in Public Law. He has served as the head of the Legal Office, head of the Management Headquarters, head of the Gangbuk Sales Headquarters, head of the Gangnam Sales Headquarters, and head of the WM Promotion Headquarters at Shinhan Investment Corp. In 2017, he was appointed as the head of the task force for establishing Shinhan REITs Management, and subsequently became the inaugural CEO upon its establishment. He is currently serving as an advisor at the law firm Yulchon.

Mastern Investment Management stated that it appointed a new chairman of the board to strengthen the independent checks and monitoring functions over the management by the board, aiming to establish a more advanced governance system.

Chairman Namgung said, “I feel a heavy responsibility in taking on the important role of chairman of the board in line with Mastern Investment Management’s strong commitment to building an advanced governance system,” adding, “Based on the expertise and know-how I have accumulated over many years in the financial sector, I will actively perform strict checks and supervisory functions.”

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