Korea’s Teachers’ Pension is seeking applications for a new chief investment officer to oversee its investments in domestic and international stocks, bonds and alternative assets.
The position has been vacant since Jeon Beom-sik left to join the National Federation of Fisheries Cooperatives as head of asset management on April 26.
The successful candidate will be appointed for a two-year term, Teachers’ Pension says in a statement on May 18.
Applications close on June 2 and the new CIO is expected to be announced by the end of July.
Teachers’ Pension manages the retirement savings of 400,000 current and retired teachers and staff of private schools. The pension fund has 3 trillion won (US$16.2 billion) of assets.
