(Co.) IMM and IMM Investment carried out regular executive appointments on the 12th. (Co.) IMM serves as the group holding company and has IMM Investment, IMM Asset Management, IMM Japan, IMM Hong Kong, and IMM Singapore as affiliates.
Through the appointments that day, Chief Executive Officers Jang Dong-woo and Ji Seong-bae were promoted to vice chair of the holding company, (Co.) IMM. They will oversee the group's long-term growth direction and overall decision-making.
The two vice chairs, co-founders of IMM, will step down from the CEO posts at IMM Investment, concurrently serve as co-chairs of the boards of (Co.) IMM and IMM Investment, lead global growth, and focus on boosting synergy among affiliates.
At IMM Investment, CEO Jeong Il-bu, who heads (Co.) IMM, and IMM Investment CEO Byeon Jae-cheol were promoted to president.
President Jeong Il-bu will move to CEO of IMM Investment and oversee the venture investment institutional sector. President Byeon Jae-cheol will lead the growth equity and infrastructure institutional sector. As co-CEOs of IMM Investment, the two presidents will strengthen investment capabilities by institutional sector.
Na Seong-min and Gu Jae-yun, executive directors of the Growth Equity Investment Division, and Yun Won-gi, executive director of Venture Investment Division 1, were promoted to executive vice president. They plan to further solidify responsible management of each division and lead the execution of value-up strategies by business institutional sector.