M&A to Power Korea’s Future Growth

Transparent Corporate Governance Key to Business Success

By Lee Hyo-sik

Staff Reporter

Corporate takeovers will become one of the main growth engines for the Korean economy over the next 10 years as the nation enters an era of a low growth amid the saturated domestic market and the rapid aging population, according to the head of a local asset management firm.

In an interview with The Korea Times, Allianz Global Investors Korea CEO Lee Won-il said merger and acquisitions (M&A) will become commonplace here, leading the direction of the local stock market and stimulating