Walesby joins Mirae as Australian chief

Korean asset manager Mirae has appointed former ETF Securities chief Kris Walesby as its Australian lead.

He's joined by Oliver Reynolds, who has been appointed COO.

Walesby has been consulting with T. Rowe Price for the last few months following his abrupt departure from ETF Securities.

Before joining ETF Securities in Australia, Walesby spent several years with the business in the UK. He was also briefly the head of capital markets for Invesco PowerShares and held capital markets business development roles with BlackRock.

"Combined with Kris's deep knowledge and understanding of investment management sector and his successful track record in growing businesses and developing people, we look forward to his contribution towards strengthening the Australian business," said Mirae's head of global business Young Kim.

On his new position, Walesby said, "My goal as chief executive is to position the firm as the market-leading asset manager in Australia providing innovative investments. We want to be regarded by clients, and broader communities, for consistently providing the best of breed investment solutions."