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About KIC

Founded in 2005 to increase national wealth and contribute to the growth of Korea’s finance industry

Executive Management

Heenam ChoiChairman & CEO

Heenam Choi has been the Chief Executive Officer of the Korea Investment Corporation (KIC) since March of 2018. He is also Chairman of the Board.

Prior to joining KIC, Mr. Choi served as Executive Director at the International Monetary Fund from Republic of Korea representing 16 countries in the Asia-Pacific region. Prior to that, he was the Executive Director at the World Bank Group (WBG) of the Asian Pacific Constituency.

He has held various positions at the Ministry of Strategy and Finance including Deputy Minister for International Affairs, Director General of the International Finance, Director General of the International Financial Cooperation, Director of International Financial Policy Division, and Director of Foreign Exchange Market Division.

He also served as Director General of the Policy Strategy Bureau at the Presidential Committee of the G20 Summit, playing a crucial role in assisting the chairman group at the G20 Finance Ministers and Central Bank Governors Meeting and addressing global issues including IMF reforms.

Previously he was Assistant Secretary to the President for Finance and Economic Affairs at the President’s office, and worked at the IMF as Alternate Executive Director (2011) and at the World Bank as Advisor (1999-2003).

Mr. Choi earned a Ph.D. in Economics from the University of Pittsburgh and graduated with an MBA in Finance and a B.A. in Economics from Hanyang University in Korea.

Jonghoon YoonStatutory Auditor

Jonghoon Yoon was appointed Statutory Auditor on June 18, 2018.

Prior to joining KIC, Mr. Yoon was the Chief Financial Officer and auditor of The Hankyoreh and also served as chairman of the audit committee of Chungcheongnam Province.

Mr. Yoon has nearly 20 years of experience as an accountant, having worked at Logic Law Firm, Samil PricewaterhouseCoopers and Yoon Jong Hoon Tax Accounting Office.

He is a certified public accountant and has a B.A. in Economics from Yonsei University.

Daeyang ParkChief Investment Officer

Daeyang Park was appointed Chief Investment Officer on August 5, 2019.

Prior to joining KIC, Mr. Park was the Chief Investment Officer of Teachers’ Pension.

He served previously in various positions of leadership, including the Chief Investment Officer of Allianz Life Insurance, Head of Investment Strategy at the MG Korean Federation of Community Credit Cooperatives and Head of Equities at HDC Asset Management.

He started his career as a fund manager at Samsung Life Insurance.

Mr. Park has a Bachelor of Business Administration from Korea University and an MBA from Iowa State University.

Changho YooChief Risk Officer

Mr. Changho Yoo was appointed Chief Risk Officer on June 3, 2019.

Prior to joining KIC, he served at the Bank of Korea for more than 30 years, where his recent responsibility was closely related to managing foreign exchange reserves. He has led the Bank’s external fund management, U.S. dollar portfolio and asset allocation teams and served as Director of the Reserve Management Strategy Division. Early on, he worked at the Bank’s International Department and Research Department.

Mr. Yoo was also an advisor to foreign central banks on reserves management at the World Bank Treasury.

Mr. Yoo has an M.A, in Economics from the University of Washington and a B.A. in Economics from Yonsei University.

Sangjoon KimChief Operating Officer

Sangjoon Kim was appointed Chief Operating Officer on April 15, 2016. In his seven years at the Korea Investment Corporation (KIC), he has served as the London office, Investment Strategy Team, Special Investment Team and Equity Management Team.

Prior to joining KIC, Mr. Kim was a Business Development Officer for the Korean market at Barclays Global Investors (Hong Kong), where his responsibilities included providing market updates and advice regarding strategic regional approaches.

Previously, Mr. Kim held several posts at Samsung Life Insurance Co., Ltd. (SLI), the largest life insurer in Korea. He served as the head of SLI’s Corporate Pension Investment Team, overseeing USD 8.5 billion of the firm’s assets. He was also a Domestic and Overseas Equity Fund Manager and Strategist in the Portfolio Management Group. At SLI’s New York office, Mr. Kim was an in-house Equity Manager and Fixed Income Outsourcing Manager.

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