Samsung Life Insurance Prompting Transfer to Asset Management Subsidiary

2021. 11. 05 · Byungki Koh

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Samsung Life Insurance is in the process of transferring its alternative investment organization that manages its asset management business to its subsidiary. They have assembled a task force to aid in the process. Staff and assets related to real estate and infrastructure investment will be transferred to Samsung SRA Asset Management and Samsung Asset Management. This change was initially scheduled for next year, but Samsung Life Insurance CEO, Jeon Young-muk, who is an expert in asset management, has quickened the pace so that the transfer might be completed within the year. CEO Jeon recently led the acquisition of shares in Savills IM, a British real estate asset management company. This […]

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Byungki Koh

Content Editor, Seoul Property Insight(SPI)

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