Dong-ik Lee, former chief investment officer of Korea Investment Corp., will join Asian Infrastructure Investment Bank, the China-backed multilateral development bank launched at the end of 2015, as operational adviser to private-sector investment.
Mr. Lee confirmed in an e-mail he would relocate to Beijing to take up that position, “directly related to private-sector infrastructure investment,” in mid-September.
Between 2008 and 2013, Mr. Lee worked at KIC, serving as the $92 billion, Seoul-based sovereign wealth fund’s CIO for the final two years of that period.
Beijing-based AIIB spokesman Song Liyan couldn’t be reached for further comment.
