State Street has appointed Young Kyu Rim as head of State Street Global Markets and Global Services in Korea, based in Seoul.
She reports to Ian Martin, head of State Street Global Markets and Global Exchange Asia Pacific, and Andrew Erickson, head of State Street Global Services Asia Pacific, both of whom are based in Hong Kong.
Wai-Kwong Seck, chief executive, Asia Pacific, says Korea is an important growth market for the firm and praised Rim's experience.
Rim previously worked for the Bank of Nova Scotia for 28 years, most recently as a managing director and country head of Korea.
State Street recently hired two new staff for its team in Hong Kong, Mark England and Colin Zhong.
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