Lee Yoon-pyo named as MSIM's Korea head
Lee Yoon-pyo
By Kim Yoo-chul
Morgan Stanley Investment Management (MSIM) has named Lee Yoon-pyo as its managing director and head for South Korea.
In this new role, Lee will be responsible for overseeing and growing the firm's asset management business in Korea. He will be based in Seoul.
“We are excited to welcome Yoon-pyo to MSIM to deepen and broaden our relationships with major asset owners and distribution platforms in Korea,” said Hiro Shimizu, head of Japan and Korea for MSIM.
“His appointment reflects our confidence in the growth prospects of Korea's asset management industry and the continued need for local asset owners to diversify investments abroad,” Morgan Stanley chief executive Steve Han said.
“Yoon-pyo is a strong addition to the firm in Korea. Given his many years of experience in this market, he is well-positioned to deliver MSIM's global capabilities to our Korean clients. His appointment also reinforces the firm's continued commitment to building out our Korea businesses where we see the right opportunities to serve clients.”
Lee was most recently senior executive vice president and co-CEO of Truston Asset Management, a local Korean asset management firm. Before this, he spent several years at the National Pension Service (NPS) of Korea in various senior leadership roles including head of the global private market investment division and head of investment strategy.
He also served as a member of the NPS' investment committee and special committee for private market investments, in addition to founding NPS's global alternative investment program in 2008.