Mirae Asset Global Investments has appointed Vice Chairmen Choi Chang-hoon and Rhie Chun-yong as CEOs.
The company is embarking on a plan to strengthen responsible management and establish a solid foundation for ongoing growth, utilizing a structure that includes four executive representatives, featuring two CEOs.
On Nov. 23rd, Mirae Asset Global Investments convened an extraordinary general meeting where Vice Chairmen Choi Chang-hoon and Rhie Chun-yong were elected as individual CEOs for a two-year term.
CEO Choi Chang-hoon currently leads the Alternative Investment Division at Mirae Asset Global Investments. His previous roles include heading the Real Estate Investment at Mirae Asset Maps Asset Management and overseeing the Real Estate Division. Choi, who assumed the CEO position in 2021, is a seasoned real estate specialist with over 25 years of experience. He has been acclaimed for his contributions to expanding the company's domestic and international real estate investment portfolio and ensuring stable asset management.
CEO Rhie Chun-yong, the General Head of the Management Division at Mirae Asset Global Investments, is recognized for his extensive knowledge and expertise in management. He played a pivotal role in elevating the 'TIGER ETF' to a leading ETF brand in Korea. His experience as CEO of the UK branch, CIO of the US branch, and CIO of the Brazil branch of Mirae Asset Global Investments has established him as a global investment authority.
Both executives are part of this year's 'Global AMP (Advanced Management Program)' at Mirae Asset Group. The Global AMP is an executive training program designed to cultivate leaders proficient in the global financial market, in line with Mirae Asset's aim to be a leading global investment group.
A spokesperson for Mirae Asset Global Investments said, "The newly appointed CEOs bring a profound understanding of the finance sector, coupled with strong leadership and a global business approach. We are committed to enhancing our responsibility management through the co-CEO system and leveraging our four-executive structure to boost expertise in each sector, fostering sustainable growth."
Furthermore, Mirae Asset Global Investments operates with a dual CEO and four-executive representative framework to amplify its global business and encourage innovative growth. The leadership includes Choi Chang-hoon, CEO of the Alternative Investment Division; Rhie Chun-yong , CEO of the Management Division; Kim Young, President of Innovation/Global Management; and Lee Byeong-seong, Chief Marketing Officer.