Mirae Asset Global Investments (I) Pvt Ltd today announced the appointment of Jisang Yoo as its new CEO. Yoo was serving as the Chief Financial Officer and has been associated with Mirae Asset India since 2009, a company statement said here.
In the recent past, Mirae Asset India has witnessed its equity AUM grew by 95% since March 2010. The company has also been able to garner 10% market share in terms of industry net equity inflows in FY12.
The new appointment is in light of Arindam Ghosh resigning to pursue other interests. Ghosh was Mirae Asset India's CEO since its inception in 2007. "I would like to assure all our stakeholders that Mirae Asset Management has a long term view for Indian markets and intends to expand business progressively in India," Yoo said.
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