Young-Tae Seo is to take up a newly created position as director and chief administrative officer (CAO) at Salomon Smith Barney KEB Securities, based in Seoul. His responsibilities will include local management and the coordination of finance and administration at the joint venture. He will report to E.S. Min, president and CEO of Salomon Smith Barney KEB Securities Co Ltd , and to Andrew Butcher, managing director and CAO of Salomon Smith Barney Asia.