Andrew Kim
About Andrew Kim
Andrew Kim is a Vice President of abrdn Global Infrastructure Income Fund (ASGI) and has served as a Fund officer since 2022 (Year of Birth: 1983). He is currently a Senior Product Governance Manager—US at abrdn Inc., the Fund’s Investment Adviser; he joined abrdn Inc. as a Product Manager in 2013 . Fund filings state that officers (including Mr. Kim) are compensated by the Investment Adviser and not by the Fund; education and individual performance metrics (e.g., TSR, revenue/EBITDA growth) are not disclosed in Fund proxy materials . Mr. Kim is also named on proxy cards as an authorized proxy holder for the Fund’s annual meeting, reflecting his administrative role in governance processes .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| abrdn Inc. | Product Manager | 2013–(not individually specified thereafter) | Product management foundation for U.S. registered funds; later progressed to governance responsibilities . |
| abrdn Inc. | Senior Product Governance Manager—US | Current (past five years) | Oversees product governance for U.S. funds, aligning fund operations and disclosures with regulatory and firm standards . |
| abrdn Global Infrastructure Income Fund (ASGI) | Vice President (Fund Officer) | Since 2022 | Serves as a Fund officer; officers are elected annually and hold office until a successor is elected and qualifies . |
External Roles
No public company directorships or external board roles for Andrew Kim are disclosed in ASGI’s proxy statement or related Fund filings .
Fixed Compensation
Fund disclosures indicate that ASGI officers are employees of, and compensated by, abrdn Inc. or its affiliates. The Fund does not pay salaries or bonuses to its executive officers and does not maintain bonus, profit sharing, pension or retirement plans for officers .
| Component | Disclosure | Notes |
|---|---|---|
| Base Salary | Not disclosed by the Fund | Officers are paid by abrdn Inc.; no Fund-paid salary . |
| Target/Actual Bonus | Not disclosed by the Fund | Fund reports no bonus or profit-sharing plans for officers . |
| Perquisites | Not disclosed by the Fund | No Fund-level perquisite programs disclosed for officers . |
| Pension/SERP | Not disclosed by the Fund | Fund states no pension/retirement plans for officers . |
Performance Compensation
The Fund does not disclose equity, option, or performance award details for officers because compensation is paid by the Investment Adviser. No Fund-level performance metrics are tied to officer compensation in proxy disclosures .
| Incentive Type | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Not disclosed by the Fund | — | — | — | — | — | — |
Equity Ownership & Alignment
| Item | Disclosure | Notes |
|---|---|---|
| Individual beneficial ownership (Andrew Kim) | Not individually disclosed | Ownership tables in ASGI’s proxy focus on Trustees; officers’ individual Fund share holdings are not itemized . |
| Officers/Trustees aggregate ownership | Less than 1% of outstanding equity as of Oct 31, 2023 | Indicates low insider ownership at the Fund level . |
| Shares pledged as collateral | Not disclosed | No pledging disclosures for officers in Fund proxy . |
| Stock ownership guidelines (officers) | Not disclosed | Fund proxy does not present officer ownership guidelines; trustee ranges are disclosed separately . |
Additional governance/filing role:
- Andrew Kim is designated as an attorney-in-fact on Section 16 filings for multiple abrdn funds, evidencing an administrative filing role rather than insider ownership activity per se .
Employment Terms
| Term | Disclosure | Notes |
|---|---|---|
| Fund officer tenure | Vice President since 2022 | Listed among Fund officers; officers are elected annually and hold office until successors are elected and qualified . |
| Employer | abrdn Inc. (Investment Adviser) | Officers are employees of the Adviser or its affiliates . |
| Employment agreement | Not disclosed by the Fund | No officer employment contract terms disclosed in Fund proxy . |
| Severance / Change-in-control | Not disclosed by the Fund | No Fund-level severance/CoC terms for officers disclosed . |
| Clawback / Tax gross-ups | Not disclosed by the Fund | No such officer policies disclosed in Fund proxy . |
| Non-compete / Non-solicit | Not disclosed by the Fund | Not addressed in Fund filings . |
Investment Implications
- Pay-for-performance alignment: Because compensation for Fund officers (including Andrew Kim) is paid by abrdn Inc., not the Fund, ASGI proxy materials provide no line-of-sight into his salary/bonus/equity structure; therefore, linking his pay outcomes directly to ASGI TSR, NAV total return, or distribution coverage is not possible from Fund filings .
- Insider selling pressure: Officer-level ownership of ASGI appears limited; officers and trustees collectively held less than 1% of outstanding equity as of Oct 31, 2023, suggesting minimal direct selling pressure from officers like Mr. Kim at the Fund level .
- Governance/filing role: Mr. Kim’s designation as an attorney-in-fact on Section 16 filings across abrdn funds underscores an administrative and compliance function rather than signaling personal trading activity; monitor EDGAR only if individual Form 3/4/5 filings under his name at ASGI appear, which are not indicated in the ASGI proxy .
- Retention risk: With employment, incentives, and career progression governed by abrdn Inc., retention risk and motivations are tied to the Adviser’s compensation and promotion frameworks rather than Fund-specific pay levers; no Fund-level severance/CoC provisions for officers are disclosed .
References:
- 2025 DEF 14A (Officers; compensation disclosure; proxy appointment) .
- 2024 DEF 14A (Compensation disclosure; ownership aggregate <1%) .
- 2023 DEF 14A (Officers; annual election/tenure footnote) .
- SEC Exhibit 24 (Attorney-in-fact designation including Andrew Kim) .