Mirae Asset Global Investments Opens Jeonju Office, Strengthens On-the-Ground Communication with National Pension Service

Mirae Asset Global Investments has opened an office in Jeonju, North Jeolla Province, where the National Pension Service’s Fund Management Headquarters is located, to strengthen on-the-ground communication and expand its presence in the Chungcheong and Honam regions.

(From left) Kim Eunju, former Director General of Jeonju City’s Economic and Industrial Bureau; Go Jeongsam, Deputy Governor for Economic Affairs of Jeonbuk State; Kim Seongju, Chairman of the National Pension Service; Lee Junyong, CEO of Mirae Asset Global Investments; and Choi Changhun, CEO of Mirae Asset Global Investments, pose for a commemorative photo at the opening ceremony of Mirae Asset Global Investments’ Jeonju office. Provided by Mirae Asset Global Investments.

Mirae Asset Global Investments said on October 16 that it had opened the Jeonju office to strengthen its partnership with the National Pension Service and support clients in the Chungcheong and Honam regions. The office, which began operations on September 28, is located in Deokjin-gu, Jeonju, North Jeolla Province.

Attendees at the opening ceremony included Lee Junyong and Choi Changhun, CEOs of Mirae Asset Global Investments; Koo Yongdeok, head of equity investments; and Kwon Ohsung, head of investment solutions, as well as Kim Seongju, chairman of the National Pension Service; Go Jeongsam, deputy governor for economic affairs of Jeonbuk State; and Kim Eunju, director general of Jeonju City's Economy and Industry Bureau.

Mirae Asset Global Investments plans to use the Jeonju office to establish an ongoing communication channel and regular in-person consultation system with the National Pension Service. When major issues arise, such as rapid market changes, the office will coordinate with asset-class-specific investment and risk management teams at the company's Seoul headquarters to respond quickly. Investment professionals responsible for domestic and international equities, bonds, and alternative investments will also visit the site in person to expand consultations. The company plans to assign staff to work locally in the future to continuously strengthen its on-the-ground response capabilities.

The office will also serve as a regional hub for the Chungcheong and Honam regions, handling consultations on the Pension Fund Investment Pool for regional pension funds and public institutions, as well as marketing and client management for general corporations and retail and pension clients. Since 2001, Mirae Asset Global Investments has managed assets entrusted by the National Pension Service across domestic and international equities, bonds, and alternative investments.

A Mirae Asset Global Investments representative said, "The opening of the Jeonju office has laid the groundwork for us to work more closely on the ground with the National Pension Service, with which we have maintained a partnership for 26 years. Building on our investment capabilities across asset classes, we will provide investment solutions in a timely manner that meet the National Pension Service's investment direction and needs."

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