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Kyobo Axa Investment Managers restructures top management

Eun-Soo Chung has secured the top job at Kyobo Axa Investment Managers with Arnaud Carcel acting as his deputy following a shake up at the investment company.

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Kyobo Axa Investment Managers, a two-year old joint-venture between Korea's Kyobo Life and France's Axa Investment Managers, has named Eun-Soo Chung as its new chief executive. Based in Seoul, Chung has taken over from Cheng Liao, who will return to Axa Rosenberg Tokyo.

Chung has worked at Daewoo Securities as well as running the fixed income management division of Allianz Asset Management. He was most recently head of Kyobo Life Insurance's investment business division.

The investment

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