by Ryu Hyunseok
Published 21 Feb.2024 15:03(KST)
Updated 21 Feb.2024 15:42(KST)
Mirae Asset Global Investments announced on the 21st that it has appointed Ryan O’Connor as the new CEO of its U.S. exchange-traded fund (ETF) subsidiary, Global X.
Starting April 8, Ryan O’Connor plans to strengthen the brand value of Global X and pursue strategic business initiatives for new innovative growth as its CEO.
Ryan O’Connor is an ETF expert with over 17 years of experience working in the world’s largest ETF market, the United States. He previously served as the Global Head of ETF Products at Goldman Sachs Asset Management, overseeing product development and overall management, and possesses a deep understanding of the global market and ETFs.
Prior to that, he worked for more than 10 years at State Street Global Advisors, which manages the well-known ETF brand ‘SPDR’ familiar to domestic investors, earning recognition for his extensive experience in the ETF industry.
Global X was acquired by Mirae Asset Global Investments in 2018 and is currently recognized as a leading thematic ETF provider in the U.S. market. As of the end of last month, its assets under management (AUM) reached 56 trillion KRW.
Park Hyun-joo, Chairman of Mirae Asset Group, stated, “Global X recently underwent an organizational restructuring with the goal of becoming a definitive leader in the ETF industry beyond just a rising star. Through this, we have redefined a customer-centric direction and laid the foundation for strategic and efficient business operations. We believe this is the right time to work with a new leader, and we expect Ryan O’Connor to elevate Global X to a higher level of growth.”
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