Major Institutional Investors Replace CIOs The market is fixated on news of several major domestic institutional investors making changes to the CIO position. The biggest player in the financial market, the NPS (National Pension Service) saw its CIO, Seo Won-ju, finish his 2-year term on December 26. Under the current impeachment government, the naming of the Minister and Vice Minister of the Ministry of Health has been delayed and whether the current terms can be extended has not been determined. There is a high possibility that the CIO position will remain in an interim state until the political situation has improved. KTCU (Korea Teachers’ Credit Union) and POBA […]