SINGAPORE / HONG KONG / SEOUL, 16 August 2023 - M&G Investments (M&G) announces the appointment of Peter Kim as the Head of Korea. In this newly created role, he will oversee and drive the expansion of M&G’s business pursuits in South Korea, while also playing a pivotal role in executing the group’s strategic vision and cultivating essential relationships with key business partners.
Reporting to Berny Lin, Head of Distribution Asia (ex-Japan) for M&G, Mr. Kim will be based in Seoul, South Korea.
Mr. Kim brings a wealth of experience to the role, joining M&G Investments from Lazard Korea Asset Management where he served for more than a decade as the Institutional and Regional Marketing Representative. During his tenure, he was responsible for driving the growth of Lazard’s key business relationships with pensions and mutual funds, life insurers and banks in South Korea.
M&G’s Head of Asia Pacific, Loretta Ng says, “Peter’s appointment underscores our unwavering commitment to enhancing our offerings and growing our footprint to better serve our diverse clientele in Asia. With his knowledge and extensive experience in the Korean market, Peter will play an instrumental role in supporting the growth of our business in South Korea as we enter this exciting chapter of regional growth.”
Peter Kim boasts nearly three decades of experience in the South Korean market, having worked with various leading investment firms and banks including Standard Chartered, BNP Paribas, UBS Warburg, and Daewoo Securities. His intimate understanding of the market uniquely positions M&G to execute on this important pillar of its Asian strategy. With $366 billion in assets under management as of the end of last year, M&G Investments is focused on continuing to grow its presence across key markets in Asia to complement its already well-established footprint in the United Kingdom and Europe.
Commenting on his appointment, Peter Kim says, “South Korea presents a dynamic landscape, with a significant demand from institutional clients. M&G, with its extensive investment capabilities, as well as its global footprint and local knowledge, is in a unique position to cater to the needs of these clients. I am delighted to be leading the initiative to fortify our presence in South Korea and contributing to the broader Asia strategy.”
“In recent months, we have welcomed a growing number of influential individuals across the region. This appointment in Korea follows the addition of Manabu Fujita as our new Head of Japan,” Loretta Ng, Head of M&G Asia adds.
Peter Kim holds a Bachelor of Business Administration from the Seoul National University in South Korea.