February 9, 2011 / 4:34 AM / 8 years ago

KKR taps ex-Clinton deputy for Asia public affairs

HONG KONG, Feb. 8 (Reuters) - Kohlberg Kravis Roberts & Co (KKR.N) said Wednesday it had hired Steven Okun, who previously worked at UPS (UPS.N) and in the administration of U.S. President Bill Clinton, as its director of public affairs for Asia Pacific.

KKR, which pioneered the leveraged buyout industry nearly 40 years ago, has put former Washington D.C. insiders in public affairs roles as the firm and the industry expanded its profile after the 2008 credit boom and bust. KKR is now a publicly traded company on the New York Stock Exchange.

Okun, the current chairman of the American Chamber of Commerce in Singapore, will oversee the private equity firm’s public affairs, corporate citizenship and external communications in the region.

He worked at UPS until October 2010, where he represented the firm’s interests in aviation, trade and competition to governments around the region.

He reports to Kenneth Mehlman, KKR’s global head of public affairs, and a former campaign manager for U.S. President George W. Bush.

Reporting by Stephen Aldred; Editing by Jonathan Hopfner

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