[THE INVESTOR] Barings said on Jan. 6 it has tapped its Korean unit’s sales head Bae In-su to be the new CEO of the company.

Bae replaces former CEO Kwharg Thae-surn, who retired at the end of December.

 

Bae In-su

Before joining Barings’ Korean unit in 2011, Bae worked at Hanwha Securities and AB Asset Management. Bae has a Master of Business Administration from the Columbia Business School of Columbia University in New York.

Assets under the management of Barings’ Korean unit exceeded 10 trillion won ($8.4 billion) as of December, the company said.

By Kim Yoon-mi/The Korea Herald (yoonmi@heraldcorp.com)