Mirae Asset Global Investments Appoints President and CEO

September 7, 2011 (PLANSPONSOR.com) – Mirae Asset Global Investments (USA) LLC announced Joon Kwun has been appointed President and CEO.  

Kwun will be responsible for developing and directing the firm’s strategic initiatives and operations in the U.S. The appointment comes as Mirae Asset further expands its capabilities for delivering emerging market-focused investment strategies to institutional and retail investors in the U.S. Kwun assumes the position previously held by Jay (Hun Jun) Jang, who will assume another senior leadership position within the company.

Kwun will also oversee the continued expansion of intermediary distribution resources supporting the Mirae Asset Discovery Funds.

Kwun joins Mirae Asset after 15 years at Goldman Sachs & Co. where he served as Head of Korean Equities and Co-Country Head for the firm’s Seoul office. Previously, he was Executive Director, Equities Division, Asian Share Sales at Goldman Sachs in Hong Kong, where he was responsible for coverage of institutional clients based in Hong Kong, Singapore, Tokyo, and Sydney. He first joined Goldman Sachs’ Hong Kong office as an analyst in the Equity Capital Markets division, charged with placement strategy, allocation, and pricing for Korean and other Asian equity issues including IPOs. After leaving Goldman Sachs and immediately prior to joining Mirae Asset, Kwun served as an exclusive adviser on all Korea-related investments to Singapore-based Broad Peak Investment Advisers, one of the largest Asia-dedicated hedge funds.

Kwun received an MA in International Relations from Yale University and earned a BA in Political Science and French Literature from Columbia University. He is a graduate of Phillips Exeter Academy.