KCGI Asset Management Appoints Mok Daegyun and Cho Wonbok as New Co-CEOs

On June 17, KCGI Asset Management held an extraordinary general meeting of shareholders and announced on June 18 that it has changed its sole CEO system to a co-CEO system, appointing Mok Daegyun, CIO, and Cho Wonbok, CMO, as new co-CEOs. This personnel change follows the appointment of former CEO Kim Byungchul as CEO of Hanyang Securities.

A representative from KCGI Asset Management explained, "We made this decision to promote balanced growth between the management/marketing division and the investment division, and to establish a system of responsible management by area of expertise. By enabling swift decision-making, we aim to enhance operational efficiency."

Mok Daegyun, the new CEO overseeing the investment division, began his career as an analyst at Daewoo Securities Research Center and later served as Head of Global Investments at Mirae Asset Global Investments. He is recognized as a first-generation leading overseas fund manager, having managed Mirae Asset's flagship global funds such as Insight, Global Great Consumer, and G2 Innovator.

Cho Wonbok, the new CEO in charge of the management and marketing division, started his career at Dongyang Investment Trust Management and has broad experience in both investment and marketing, having served as Head of Equity Investment at Dongyang Asset Management, Head of Client Asset Management at Dongyang Securities, and Head of Employment Insurance Fund Management at Korea Investment & Securities.