MKAM is the Corporate Director of MKIF, and appointment of a corporate director for a fund is required under the FSCMA. MKAM is a wholly owned subsidiary of Macquarie Infrastructure and Real Assets (Europe) Limited, an affiliate of the Macquarie Group.
MKAM is part of Macquarie Asset Management, which is one of the five operating groups within the Macquarie Group. More specifically, MKAM is part of Macquarie Infrastructure and Real Assets (MIRA), a standalone business within Macquarie Asset Management. MIRA is the worldwide infrastructure leader with the leading global infrastructure capability, including ability to leverage global sector knowledge, asset management, and capital management expertise.
As of 31 March 2018, MIRA manages 129 infrastructure businesses across 25 countries, including the United States, Canada, the United Kingdom, Australia, Germany, Korea, and Japan, and the asset under management is approximately AUD 145.5 billion.
MKAM has appointed Chul Hum Paik, Representative Director of MKAM, as its representative to the MKIF Board of Directors.
Since late 2002, Dr. Song has been the founding Representative Director of Korea Expert Consulting Group, and has also been working as an independent expert in economics and finance since August 2012. Previously, Dr. Song worked as a visiting professor at Seoul National University’s Graduate School of International Studies, a civilian member of the International Development Cooperation Committee of the Republic of Korea, a consultant for the Economic Development Knowledge Sharing Program, Chairman of Investment Subcommittee at Korea Investment Corporation’s steering committee, Chairman of International Finance Subcommittee of the Financial Sector Development Review Committee, and an advisor to the Investment Banking division of Shinhan Bank. He is currently working as a consultant for Korea International Cooperation Agency.
Dr. Song had worked overseas since the early 1980s in various positions, including Senior Staff Member at the World Bank, Chief Operating Officer at Nomura's project finance company in Hong Kong, and the founding President of a financial advisory firm in Washington DC. Prior to his overseas career, he was employed by the Korean Government.
Over the last 40 years, Dr. Song has handled a variety of economic and financial (both operational and advisory) projects across 20 countries, in the areas of economic strategy development, economic and financial analysis, industry rationalisation, project development and financing, development and operation of financial institutions, corporate finance, mergers and acquisitions, corporate restructuring, privatization of public enterprises, private participation in infrastructure, global strategic alliance, and international investment.
Dr. Song has served as Supervisory Director of MKIF since his first appointment in March 2005.
Woo Young Jung currently serves as Representative Attorney at the law firm Lee & Ko, and is a licensed lawyer in Korea with the Bachelor and Master’s degrees in Law from Seoul National University. Mr. Jung has more than 25 years of experience in real asset finance, financial structuring, bankruptcies, and corporate workouts.
Previously, Mr. Jung had provided legal advices for various government entities including the Bank of Korea, Ministry of Strategy and Finance, Export-Import Bank of Korea, Korea Development Bank, K-Sure, and Korea Expressway Corporation.
During his work at the public sector, Mr. Jung participated in introducing the Anti Money Laundering Law and other bills associated with financial regulation. He is currently working as a policy advisor to the Ministry of Oceans and Fisheries as well as a mediator for the Korean Commercial Arbitration Board.
Mr. Jung has served as Supervisory Director of MKIF since his first appointment in March 2016.
Mr. Kim is a distinguished scholar in law, having graduated from Northwestern University School of Law and Harvard University Law School and currently serving as the professor of law at Seoul National University and the University of Michigan.
Also, he is the recognized authority in the field of corporate governance in Korea, with his post of the chair of Proxy Advisory Committee of Korea Corporate Governance Service. Based on his expertise in corporate governance, he has also taken roles of an outside director and the chair of the Audit Committee of Hyundai Heavy Industries Holdings and the chair of Seoul Corporate Governance Forum and the NEXT Corporate Governance Conference.
Mr. Kim has also been actively seeking to educate the public about positive impact the enhancement of corporate governance brings to shareholder value by publishing/compiling numerous books, academic articles, and op-eds.
Mr. Kim has served as Supervisory Director of MKIF since his first appointment in March 2019.