The National Pension Service is recruiting for the appointment of a successor fund director (CIO).

On the 11th, the National Pension Service announced that it will openly recruit candidates for fund directors. The National Pension Service held a fund director recommendation committee the day before and decided to recruit candidates for fund directors from this day to the 25th.

The fund director will lead the National Pension Fund Management Headquarters, an organization dedicated to fund management under the National Pension Service. He is the chief executive of the national pension fund worth KRW 1,800 trillion. It has a huge task in which the future of the national retirement fund depends and has a strong influence on the global financial market. The term of office of the director of the fund is two years. Depending on the performance, it is possible to serve consecutive terms on a yearly basis.

Applicants can submit related documents such as applications, self-introduction letters, and job performance plans to the National Pension Fund Director Recommendation Committee by the 25th. After the filing deadline, the chairman of the board finally appoints the director of the fund after the first document review, the second interview review, and the recommendation of the recommendation committee.

The current fund director Seo Won-joo, who began his term at the end of 2022, ended his extended term at the end of last year. However, he is continuing his duties this year due to the delay in the recruitment of successors.

[Reporter Jeong Jaewon]