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About KIC

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

Steering Committee

Steering Committee Chart
Name Steering Committee Investment Subcommittee Risk Management and Audit Subcommittee Budget Subcommittee Evaluation Remuneration Subcommittee
DaeSik Kim Chairman
Seok Joong Kim Member Member Member
Cheon Woong Park Member Member Chairman
Yeongseop Rhee Member Member Chairman
Kyung Soo Chung Member Chairman Member
Myeong Hyeon (Mike) Cho Member Member Chairman
Ministry of Strategy and Finance (Minister) Member Member Member
Bank of Korea(Governor) Member Member Member
CEO of KIC Member Member Member

Civil Members

DaeSik KimChairman

Professor, Hanyang University

Dr. DaeSik Kim was appointed Chairman of the Steering Committee in November, 2014. He is currently a professor of finance at the School of Management at Hanyang University. He has held many important positions in both academia and non-academia, including that of President of the Korea Financial Planning Association, President of the Korea Insurance Research Institute and Board Member of the KDB Financial Group. Dr. Kim earned his bachelor’s degree in Business Administration from Seoul National University, and an MBA and Ph.D. in Finance from the Wharton School, University of Pennsylvania.

Seok Joong KimMember

CIO, Hyundai Marine& Fire Insurance

Seok Joong Kim is a Chief Investment Officer of Hyundai Marine & Fire Insurance and the Chairman of the Investment Committee. Prior to joining HMFI in 2018, Mr. Kim led Hyundai Investment Asset Management from 2010 to 2017, and Phoenix Asset Management from 2007 to 2010. He was the head of research and institutional sales of Goodmorning Shinhan Securities from 2004 to 2007 and Kyobo Securities from 2000 to 2004. Mr. Kim began his career as an economic analyst at Daewoo Research Institute and then as investment strategist, Chief Representative of Zurich office, and analyst of Daewoo Securities from 1985 to 2000. Mr. Kim is a graduate of Chungbuk National University and received M.A. in Economics from Kansas State University as well as Ph.D from Dongguk University.

Cheon Woong ParkMember

CEO, Eastspring Asset Management Korea

Cheon Woong Park is Chief Executive Officer of Eastspring Asset Management Korea, the asset management business of Prudential Corporation Asia, part of Prudential plc of the UK. Mr. Park brings significant industry experience with both multinationals and Korean fund houses. He has worked across various key functions in asset management, from managing money and making investment decisions to building institutional business and managing major marketing campaigns. Prior to joining Eastspring Asset Management Korea, Mr. Park was CEO and President at Mirae Asset Global Investments (HK) Ltd. He was previously the International Chief Marketing Officer for Mirae Asset Global Investments in Korea, a role he held since 2010. Mr. Park has 25 years of experience in the financial services industry, of which more than a decade has been in strategic positions with multinational companies and key global financial centers, including New York, London, Hong Kong and Singapore, for organizations ranging from Hyundai Securities and Merrill Lynch to Morgan Stanley and Woori Investment & Securities. He began his career as an analyst and fund manager before taking on roles having to do with strategy, serving as head of research, working in institutional business and leading as chief marketing officer. He was educated both in Korea and the United States. He holds a B.A. and an M.A. in Economics from Yonsei University, Seoul, and an MBA from the University of Notre Dame, South Bend, Indiana. He has also been designated a Chartered Financial Analyst.

Yeongseop RheeMember

Professor, Seoul National University

Yeongseop Rhee is a professor and Jean Monnet Chair at the Graduate School of International Studies at Seoul National University. He was a research fellow at the Korea Development Institute (KDI) and a professor of economics at Sookmyung University. Mr. Rhee has also served as president of the EU Studies Association of Korea (EUSA-Korea) and in many other positions. He has a B.A. and M.A. in Economics from Seoul National University and an M.A. in Statistics and a Ph.D. in Economics from the University of California, Berkeley.

Kyung Soo ChungMember

CIO, DB Insurance Co., Ltd

Kyung Soo Chung has been the Chief Investment Officer and Executive Vice President of DB Insurance and a member of the Steering Committee of the Korea Investment Corporation since 2013. He serves as Head of the Asset Management Division at Dongbu Insurance and chairs the Investment Committee. Mr. Chung began his career at Samsung Life Insurance (SLI) in 1981, where he worked for 20 years and was responsible for managing the Equities and Global Investment Division. After SLI, he went on to various management positions, including that of CIO at the Korean Federation of Community Credit Cooperatives (KFCC), CIO at the Government Employees Pension Service (GEPS) and CIO at Woori-Credit Suisse Asset Management. Prior to joining Dongbu, Mr. Chung worked as the Chief Executive Officer of Atinum Partners, the biggest family office in Korea. He earned a BSc in Business Administration at Seoul National University in 1981 and an MSc in Financial Engineering at the Korea Advanced Institute of Science and Technology (KAIST) in 1984.

Myeong Hyeon (Mike) ChoMember

Professor, Korea University Business School

Dr. Myeong Hyeon (Mike) Cho has been a member of the Steering Committee since June, 2016. He is currently a professor of management at the Korea University Business School and serves as President of the Korea Corporate Governance Service. Dr. Cho has been a member of various government committees, including the National Economic Advisory Committee and Financial Advisory Committee. He was previously an assistant professor at the Owen Graduate School of Management at Vanderbilt University. Dr. Cho has a bachelor’s degree in Business Administration from Seoul National University, an MBA from Essec Business School in France and a Ph.D. in Economics from Cornell University.

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