The National Pension Service announced on September 14 that it has appointed Lee Gyu-hong as the new Fund Director and Kim Dae-soon as the new Welfare Director, effective September 15. Their terms will last for two years, from September 15, 2026, to September 14, 2028, with the possibility of annual reappointment based on performance.
The new Fund Director is appointed by the Chairman following recommendations from the Fund Director Recommendation Committee and approval of the performance contract by the Minister of Health and Welfare. This position oversees the management and operation of the National Pension Fund. The new Welfare Director is appointed by the Chairman after recommendations from the Welfare Director Recommendation Committee and is responsible for overall welfare programs, including retirement preparation and support for individuals with disabilities.
Lee Gyu-hong, the new Fund Director, is an asset management expert with experience in both private asset management and public pension fund operations. Born in 1966, he graduated from Yonsei University with a degree in Business Administration and earned an MBA from New York University's Stern School of Business. He has held various positions in asset management, including Chief Investment Officer at NH-Amundi Asset Management, CEO of Ascendas Asset Management (now CapitaLand Investment Management), and Chief Investment Officer at the Teachers' Pension Fund.
Kim Dae-soon, the new Welfare Director, was born in 1960 and graduated from Chosun University with a degree in Chinese Language and Literature. He joined the National Pension Service in 1999 and has held key positions, including Director of Planning and Coordination, Head of the Future Innovation Planning Team, and Head of the Information Technology Headquarters. Recently, he served as an executive in a private company.
The National Pension Service expressed optimism, stating, "We expect to enhance service quality by discovering new welfare services and innovating service delivery systems through the integration of AI technology, based on their planning and execution capabilities."
* This article has been translated by AI.
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