This article was published on Signal, the capital markets compass, at 3:40 p.m. on June 26, 2026.
Roh Chul-kyu, a former executive vice president at Hanwha Asset Management, has been tapped as the next chief investment officer (CIO) to oversee asset management for the Noranusan Mutual Aid Fund of the Korea Federation of SMEs (KBIZ).
The mutual aid fund recently notified Roh of his appointment as CIO, according to investment banking (IB) industry sources Friday.
Roh handled securities investment and alternative investment businesses at Hanwha Life Insurance, and served as head of the real asset alternative investment division at Hanwha Asset Management, leading alternative investment areas such as real estate and infrastructure. He is regarded in the securities industry as an alternative investment specialist who oversaw the alternative investment sector within Hanwha Financial Group.
The Noranusan Mutual Aid Fund that Roh will lead has assets under management reaching the 34 trillion won range. The fund's assets under management grew from around 26 trillion won at the end of 2024 to the 34 trillion won range in the first half of this year.
Earlier, KBIZ launched an open recruitment for the asset management division head on May 21. Eligible applicants were required to have experience at the level of asset management department head or higher at pension funds, mutual aid associations, or financial institutions, along with more than 10 years of experience in asset management and investment. The term is two years from the date of appointment, with the possibility of one-year extensions based on performance.
