Expanding Growth Axis to Asian and Global Capital Markets
CEO Kang to Lead IGIS Asia from Singapore Hub
Strengthening Global Funding and Network Capabilities
IGIS Asset Management has carried out an organizational restructuring focused on diversifying capital-raising channels and strengthening its global investment capabilities. This restructuring is a strategic move aimed at reducing the company’s heavy reliance on the domestic market and securing unrivaled competitiveness across Asia and global markets, with Singapore as its hub.
The most significant change in this restructuring is the overseas deployment of CEO Kang Younggoo. Kang will relocate to Singapore to serve as CEO of IGIS ASIA, where he will lead the company’s entry into major Asian markets and expand its global investor (LP) network.
This measure goes beyond simply strengthening the functions of its overseas subsidiaries; by deploying IGIS Asset Management’s core leadership directly to the global field, the company aims to accelerate decision-making and actively attract new global capital. In addition, a large number of top talents from the headquarters will be assigned to IGIS AIM (led by CEO Oh Hyunseok), a subsidiary of IGIS ASIA, to serve as a bridge between global investors and domestic assets.
In line with its global expansion, the domestic headquarters will also enhance the substance of its business model. The domestic business will be led independently by Senior Managing Partners Shin Donghoon and Jeong Seokwoo, who will each serve as co-CEOs and drive swift, independent decision-making in key business areas. Through this, IGIS aims to improve the efficiency of existing investment management and solidify its dominant market position in the increasingly competitive domestic market. CEO Lee Kyuseong will continue to oversee company management, focusing on both qualitative and quantitative organizational growth.
An IGIS Asset Management representative stated, "This restructuring will be a turning point for IGIS to become a global asset management firm," adding, "With CEO Kang Younggoo’s deployment to the global front, we will maximize the funding capabilities of our overseas bases and, through collaboration with global partners such as Singapore-based RavaPartners, which has been selected as the preferred bidder for our equity sale, we aim to leap forward as a world-class investment platform."
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