BlackRock has appointed Yoon Pyo Lee as managing director, head of South Korea, effective December 20.
Based in Seoul, he will be responsible for developing and executing a long-term business strategy for BlackRock in South Korea, where institutional investors are increasingly diversifying investment portfolios in alternatives, active and index to build resilience and achieve financial goals.
Lee has more than 25 years’ experience in private and public market investment, as well as business development, particularly in South Korea.
He joins BlackRock from Morgan Stanley Investment Management, where he served as head of Korea, responsible for driving the company’s asset management business across public and private market strategies. Before that, Lee was co-CEO at Truston Asset Management, responsible for building the company’s private market practice and managing its fixed income business.
Lee spent more than seven years at the National Pension Service (NPS) of Korea as head of global private market investment and later became head of investment strategy. He was a member of the NPS’ investment committee and sat on the special committee for private market investment.
He also worked with Macquarie Group, Ernst & Young and KPMG in investment and M&A transaction advisory capacities.
