Hong Ki-myung
Hong Ki-myung | |
|---|---|
| Born | 1959 South Korea |
| Other names | Kim Hong |
| Occupation | Financier |
| Years active | mid-1980s–2013 |
| Known for | Leadership roles at JPMorgan Chase, Bank of America Asia-Pacific, and PIMCO Asia-Pacific |
Hong Ki-myung (; born 1959), who is also referred to as Kim Hong, is a financier from South Korea.
Education and career
Hong completed his Master of Business Administration at the University of Chicago's Booth School of Business. His entry into the finance industry began in the mid-1980s with roles at institutions such as Citigroup and Bankers Trust. In 2001, he took on the role of head of the Seoul office for JPMorgan Chase, establishing a prominent reputation within South Korea's financial community. During this period, he was viewed as a potential leader for the Korea Investment Corporation, the sovereign wealth fund responsible for managing the country's foreign exchange reserves. Subsequently, he transferred to Hong Kong while continuing his tenure with JPMorgan Chase.
By 2007, Hong transitioned to Bank of America to oversee global markets across the Asia-Pacific region, operating out of Hong Kong. He advanced to become Asia-Pacific president in June 2008, succeeding Colm McCarthy. After Bank of America's acquisition of Merrill Lynch in December 2008, Nelson Chai, formerly Merrill's CFO, was appointed to direct the combined Asia Pacific operations but resigned shortly after two months. Following Chai's departure, Hong resumed his position as president for the Asia-Pacific division.
In 2010, PIMCO brought Hong on board to lead their Asia-Pacific operations, managing offices located in Hong Kong, Singapore, Sydney, and Tokyo. He was also appointed to PIMCO’s Global Operating Committee. Reporting directly to COO Douglas M. Hodge, Hong remained based in Hong Kong until he retired in 2013.
External links
- 2009 interview with Hong and Chi-Won Yoon of UBS, published by the Chosun Ilbo
- 2011 interview with Hong discussing US Treasury bonds, featured in the Kookmin Ilbo
- 2012 interview with Hong covering currencies, emerging market debt, and PIMCO’s strategy in Asia, from The Wall Street Journal