Il Young Park was chosen as the new chief executive officer and chair of the board of directors at the $189.4 billion Korea Investment Corporation, Seoul., the sovereign wealth fund said in a statement on Sept. 26.
He started his three-year term on Sept. 26, succeeding Seoungho Jin, who has been in the role since 2021.
Park joined the fund from the World Bank where he was executive director for Asia and the Pacific constituency.
