New chief for KDB asset management

Lim Hong-yong has become the new president at KDB Asset Management Co., Ltd.

Lim was selected at the annual shareholders meeting on Tuesday. Former vice president of the company Lim studied business administration at Korea University.

He was previously the executive director at KDB Asset Management, an affiliate of the state-run KDB Financial Group. He also served as manager of the Planning Department and the Trade Finance Department at KDB.

(jennijung88@gmail.com)