South Korea-based Mirae Asset Global Investments has just named to its US subsidiary, Mirae Asset Global Investments (USA), a new chief executive officer, president and chief operating officer, effective immediately.
Specifically, Peter Graham has been named chief executive but will retain his role as president of the Mirae Asset Discovery Funds and Head of Marketing & Product Development. Robert Mulligan has also been named president and retains his role as Head of Sales and Distribution. Graham and Mulligan assume the positions previously held by Joon Kwun, who is relocating to Seoul to assume a senior management position leading the firm’s business development initiatives across Asia.
And Robert Shea has been promoted to chief operating officer from his role as Head of Finance and Operations.
Mirae Asset USA manages over $4.6 billion in equity and fixed income assets.
“With the track record of success these professionals have demonstrated in developing our U.S. business, we’re confident that our momentum will continue to bring Mirae Asset’s emerging market investment expertise to investors in the U.S. and abroad,” stated Taeyong Lee, president of the Global Business Unit of MAGI.
MAGI manages over $58 billion globally.