Ahn currently serves as president of global financial headquarter of BNK Holdings, a financial holding company based in Seoul. A NPS official said it will release a press statement later in the day on the appointment, but declined to elaborate.

The NPS managed 643 trillion won ($568.97 billion) worth of as at the end of July. The CIO position has been vacant for over a year.

(Reporting by Hayoung Choi; Editing by Shri Navaratnam)