Barings has appointed Ike Bae as its new chief executive officer in Korea. He takes over from Thae Khwarg, who retired in December 2016, after more than 20 years of service.

Bae joined Barings in Korea in 2011, where he has led its Korean institutional and mutual funds businesses as head of sales. Prior to joining Barings, he worked at Hanwha Securities Company and AllianceBernstein Investment Management (Korea).

Replacing Bae in his role as head of sales, is Wonil Kim, who was previously head of institutional sales in Korea.

Bae has over 25 years of investment experience and has been instrumental in helping to grow Barings' business in Korea.