The company said on the 27th it plans to name Cho CEO at a board meeting scheduled for the 28th.
Aigis said the appointment is intended to ensure continuity in managing client assets as changes in corporate governance proceed, while having an experienced executive directly review key issues and strengthen communication with stakeholders.
Cho joined the firm in its early days in 2011 and served as CEO from 2015 to 2021.
“I will do my best to work closely with key stakeholders, including institutional investors, so that protecting client assets and the company’s stable growth can be achieved together,” Cho said.
The company said Cho will leave matters related to the stake sale to the shareholder representative and will personally ensure there is no disruption to major business operations while the sale process is underway.
* This article has been translated by AI.
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