Macquarie names new asset management chief

By Kim Bo-eun

Macquarie Investment Management Korea has named its Deputy CEO Lee Kyung-soo as its new representative director, the company said Wednesday.

Lee, who joined the firm in 2016, has led sales and marketing. Since last June, he has been Deputy CEO.

“Lee was appointed to the position as he has been involved in management and strategic planning,” a company spokesperson said.

Lee worked previously for Kyobo Securities, Salomon Smith Barney, Societe Generale, HSBC and Allianz Global Investors. At Allianz, he served as an executive in charge of marketing.

Macquarie Investment Management is part of Macquarie Group's asset management unit. It manages assets worth 363.6 billion Australian dollars ($259.5 billion) through 24 global teams.

Macquarie Group is an Australian multinational investment bank and financial services company. Established in 1969, Macquarie has more than 14,000 employees in 25 countries.