Key Takeaways
- • KDB Infrastructure Investments Asset Management, a subsidiary of Korea Development Bank (KDB), opened its first regional office, in Jeonju, Jeonbuk Special Self-Governing Province, on November 2, 2026, its first since the company was established in 2003.
- • The Jeonju office is designed as a hub for cooperation with the National Pension Service (NPS), aimed at understanding the pension fund's investment direction and needs and proposing tailored alternative investment strategies.
- • The company specializes in alternative investments including social overhead capital (SOC), energy and overseas infrastructure, drawing on more than 20 years of investment and asset management experience.
- • The number of financial institutions with offices in Jeonju has grown to about 40, as asset managers follow the NPS to the city.
- • KDB Chairman Park Sangjin and KDB Infrastructure Investments CEO Lee Junseong framed the office as a first step toward an ongoing cooperation system with the NPS and a foundation for a Jeonbuk financial ecosystem.
Summary
KDB Infrastructure Investments Asset Management, a subsidiary of Korea Development Bank, said on November 2 that it had opened an office in Jeonju, Jeonbuk Special Self-Governing Province, and would work to strengthen its alternative investment partnership with the National Pension Service (NPS), according to The Asia Business Daily. The Jeonju office is the company's first regional office since its establishment in 2003, and the company said it will enable a closer response to the NPS's alternative investment needs and a field-focused cooperation structure.
The opening comes as more asset managers establish offices in Jeonju, led by the NPS. The number of financial institutions with offices in the city has grown to about 40, according to the report.
The company specializes in alternative investments, including social overhead capital (SOC), energy and overseas infrastructure. Its services span identifying assets suited to long-term investment, designing investment structures, asset management and risk management. The company plans to use the Jeonju office as a hub where it can better understand the pension service's investment direction and needs. It intends to draw on its domestic and international infrastructure and energy expertise to assess investment opportunities and propose strategies tailored to the characteristics and risk-return profiles of individual assets, with the aim of supporting the NPS's long-term investments and portfolio diversification.
The company also plans to identify opportunities by collaborating with external financial institutions and business partners, including KDB, and to contribute to the local financial ecosystem by expanding exchanges with financial institutions that have entered Jeonju.
KDB Chairman Park Sangjin, who attended the opening ceremony, called the office "a meaningful first step toward establishing an ongoing cooperation system with the NPS and laying the groundwork for a financial ecosystem in Jeonbuk," and said KDB would expand communication with local communities and its role in fostering future industries. Lee Junseong, CEO of KDB Infrastructure Investments Asset Management, said the company would apply its alternative investment expertise to propose differentiated asset management strategies meeting the NPS's needs, and would use the Jeonju office to explore investment cooperation opportunities.
The opening comes as more asset managers establish offices in Jeonju, led by the NPS. The number of financial institutions with offices in the city has grown to about 40, according to the report.
The company specializes in alternative investments, including social overhead capital (SOC), energy and overseas infrastructure. Its services span identifying assets suited to long-term investment, designing investment structures, asset management and risk management. The company plans to use the Jeonju office as a hub where it can better understand the pension service's investment direction and needs. It intends to draw on its domestic and international infrastructure and energy expertise to assess investment opportunities and propose strategies tailored to the characteristics and risk-return profiles of individual assets, with the aim of supporting the NPS's long-term investments and portfolio diversification.
The company also plans to identify opportunities by collaborating with external financial institutions and business partners, including KDB, and to contribute to the local financial ecosystem by expanding exchanges with financial institutions that have entered Jeonju.
KDB Chairman Park Sangjin, who attended the opening ceremony, called the office "a meaningful first step toward establishing an ongoing cooperation system with the NPS and laying the groundwork for a financial ecosystem in Jeonbuk," and said KDB would expand communication with local communities and its role in fostering future industries. Lee Junseong, CEO of KDB Infrastructure Investments Asset Management, said the company would apply its alternative investment expertise to propose differentiated asset management strategies meeting the NPS's needs, and would use the Jeonju office to explore investment cooperation opportunities.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.