Heung Sik Choo


HS Choo is responsible for leading the portfolio management team which invests $155 billion in global fixed income markets for IBRD and its clients.

Mr. Choo has deep expertise in investment management and solid leadership experience. Prior to joining IMD, Mr. Choo was Chief Investment Officer & Executive Vice President at the Korea Investment Corporation (KIC). Under his leadership, KIC strengthened its investment capacity and efficiency by combining a top down framework and bottom up approach, which were key contributing factors towards KIC’s excellent performance. He also initiated a long term approach for gradual and prudent allocation into Alternative investments, which in recent years positively impacted KIC’s investment activities. Before KIC, Mr. Choo had a distinguished career with the Bank of Korea. His most recent position there was Director General and Head of the Reserves Management Group. During his tenure at the Bank of Korea, Mr. Choo governed the exponential growth in Korean Foreign reserves from USD 2 billion to USD 350 billion. He also played a leading role in the development and evolution of the reserves management framework, from cash to portfolio management and subsequently to asset liability management framework.

Mr. Choo holds a Bachelor’s Degree in Economics from Yonsei University in Seoul, Korea, and a Master’s Degree in Economics from Michigan State University in Michigan, USA.

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CONTACT

Ruby Barbosa
rbarbosa@worldbank.org
Donna Dunlop
ddunlop@worldbank.org