Mirae Asset Global Investments has named Jung Ho Rhee as its new chief executive officer in Hong Kong, succeeding Woong Park, who has resigned for personal reasons.

Date: Apr 27, 2012

Tags: Mirae Asset, Hong Kong

Mirae Asset Global Investments has named Jung Ho Rhee as its new chief executive officer in Hong Kong, succeeding Woong Park, who has resigned for personal reasons.

Rhee is a senior executive director at Mirae Asset, currently heading up the global asset allocation division for the entire Mirae Asset Global Investments group. He was instrumental in formulating the macro and country/sector allocation strategies, playing a vital role in the group’s entire investment process.

Prior to this new appointment, Rhee served as managing director of global research and the chief financial officer at Mirae Asset Securities in Hong Kong, where he led the proprietary investment team in managing over US$300 million globally.

"Mirae Asset plays a pivotal role as the experts in emerging market equities investments,” said Rhee. “We will continue to roll out new products to give investors a broader range of choices when it comes to investing in the emerging markets.”