CVC Capital Partners ("CVC") is pleased to announce that Mr. Steve Lim will join as Chairman of Korea, based in the city of Seoul.

Prior to joining CVC, Mr. Steve Lim was Chief Executive Officer and Managing Director of J.P. Morgan in Korea where he was a member of the Asia Pacific Management Committee. He is a member of the Financial Industry Strategic Policy Advisory Council for Seoul and was awarded the Deputy Prime Minister and Ministry of Strategy and Finance Award in 2013. Earlier, Mr. Lim worked in the Investment Banking division of Salomon Brothers in Seoul, Tokyo and New York, and worked at Kidder Peabody and Procter & Gamble in the United States. Mr. Lim holds a BA from Korea University and an MBA from George Washington University.

Mr. Roy Kuan, Managing Partner, Asia said, “We are delighted to have Steve join us to lead and further strengthen our presence in Korea. We have known Steve for over 15 years and it is a great honour to work in partnership with one of the top dealmakers in Korea and the region."

Mr Steve Lim said: "CVC has a stellar reputation across the globe and I’m really looking forward to being part of the team in Asia and Korea and building further on their excellent investment experience, market insights and connections across the region."