Swarup Mohanty, head of sales at Mirae Asset Global Investments (India), has been elevated to the post of chief executive officer (CEO). He has replaced Jisang Yoo as CEO. Yoo will head Mirae Asset's US operations.
Mohanty has been associated with Mirae Asset since July 2011 and has been instrumental in the growth of the asset management company (AMC).
In a statement, Yoo, said "Mirae Asset India has come a long way in the recent years and the AMC is poised for great growth ahead. I am very confident that Swarup Mohanty will take the company ahead to make it amongst the top 10 AMC's in India."
Mohanty has over 22 years of experience in the field of financial services, including 19 years in asset management.