Korea Investment Corporation hires Heenam Choi as CEO

Korea Investment Corporation has appointed Heenam Choi - previously an executive director of the International Monetary Fund - as chief executive officer. He succeeds Sung-soo Eun, who left the sovereign wealth fund last September to head the Export-Import Bank of Korea. It is not the first time that Choi has succeeded Eun in a top role. He became World Bank executive director after Eun resigned from the position to become KIC's CEO in February 2016.