Barings Korea appoints Park as co-chief

By Kim Bo-eun

John Park

Barings Asset Management Korea said Wednesday it has appointed Chief Investment Officer (CIO) John Park as co-chief of the global asset manager's office here.

Ike Bae will keep his position as Barings Korea's chief, as the office has decided to adopt a "multiple representative directors system."

Bae will continue to lead overall corporate management including sales, client relationships and non-investment functions. Park will lead investment management and play a supporting role in managing client relationships.

"A change to a multiple representative directors system will create more efficiencies in management," Barings' Head of Asia-Pacific Duncan Robertson said.

Park joined Barings Korea as head of investment strategy in 2004. Since July 2008, he has served as CIO.

Before joining Barings, Park built his career at Deutsche Asset Management Korea and SEI Investment in the U.S.

Previously, he worked as a research manager of international business at the Korea Investment Trust.