BlackRock Korea Appoints Lee Yoon-pyo, Former Morgan Stanley Korea Head, as New CEO

Over 25 Years of Experience in Asset Management and Business Development
7 Years at National Pension Service, Including Head of Overseas Alternatives

Global asset management firm BlackRock announced on the 5th that it has appointed Yoonpyo Lee as the new CEO of BlackRock Korea. His term will begin on December 20, 2024.

With this appointment, CEO Yoonpyo Lee will be responsible for establishing and executing BlackRock's long-term business strategy in the Korean market, supporting domestic institutional investors in diversifying their portfolios through various methods such as alternative investments, active strategies, and index investing.

Hiroyuki Shimizu, Vice Chairman of BlackRock Asia Pacific, stated, “We expect CEO Yoonpyo Lee’s deep investment expertise to greatly assist Korean investors in diversifying their overall portfolios,” emphasizing that BlackRock will continue to strengthen communication with Korean investors.

CEO Yoonpyo Lee has over 25 years of experience in asset management and business development, having held numerous key positions in the Korean market and asset management industry. Prior to joining BlackRock, he served as the Head of Morgan Stanley Investment Management (MSIM) Korea, leading strategies for traditional assets and alternative investment markets. He also served as Executive Vice President and Chief Investment Officer (CIO) of alternative investments and asset management at Truston Asset Management.

Additionally, he worked for seven years at the National Pension Service’s Fund Management Headquarters, holding various positions including Head of Overseas Alternatives, where he led the fund’s asset allocation and alternative investment portfolio strategies.

This content was produced with the assistance of AI translation services.