KIC appoints first Korean national CIO
Korea Investment Corporation promotes one of its own, Don Lee, its head of alternative investments. He succeeds Scott Kalb, with the appointment effective this week.
Korea Investment Corporation (KIC), Korea’s sovereign fund, announced the appointment of Don Lee Dong-Ik as its new chief investment officer, succeeding Scott Kalb. Lee has been with KIC since 2008 as managing director and head of its private-market group.
The appointment took effect on Monday (April 2) and is a three-year term. Kalb, who has completed a three-year term, is expected to remain with KIC in an advisory capacity until June.
Lee graduated from Korea University with a…
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