Stonepeak appoints Deutsche’s Sung Eun Ahn as Chairman for Korea

Stonepeak, a digital investment platform, has announced the appointment of Sung Eun Ahn as the Chairman for the Korea region, effective February 1, 2024.

Sung Eun will be based in Seoul to support the US-based investment firm’s APAC operations and investment strategies in the region.

In his new role, Sung Eun brings more than three decades of financial services and leadership experience. More recently, he worked with Deutsche Bank in the capacity of Chief Country Officer for Korea. In his previous roles, he worked for BofA Securities (formerly known as Bank of America Merrill Lynch) as the Head of Investment Banking for Korea.

Welcoming Sung Eun to the leadership team, Hajir Naghdy, Senior Managing Director at Stonepeak, said, “We are thrilled to welcome Sung Eun to the Stonepeak team as we continue to strategically invest in Korea and throughout Asia. Sung Eun is a highly respected business leader with more than 30 years of experience in the market and deep relationships throughout the industry. We believe his expertise will be a valuable addition to our boots-on-the-ground and local partnership-focused approach to asset sourcing and management.”

Sung Eun added, “I have been thoroughly impressed by Stonepeak’s diligent expansion in APAC. There is ample opportunity for infrastructure investment in the Asia Pacific region – from renewables to transportation and logistics, to digital infrastructure – and, in getting to know Stonepeak’s investment strategy, I believe the firm is well-positioned to capture that opportunity. I look forward to joining the team and helping the firm continue to identify high-quality investment opportunities in the region.”