Founded in 2005 to increase national wealth and contribute to the growth of Korea’s finance industry
Seoungho Jin has been Chief Executive Officer and Chairman of the Board of the Korea Investment Corporation (KIC) since May of 2021.
Prior to joining KIC, Mr. Jin led Korea’s Presidential Committee on Balanced National Development. He was previously an executive consultant on the Policy Committee for the Democratic Party of Korea.
Mr. Jin is an economist with more than 30 years of experience in the Korean government, mostly at the Ministry of Economy and Finance. He has served in positions including Director General of International Economic Affairs and Director General of International Financial Cooperation. He was also previously Director of the Strategy and Finance Committee at the National Assembly.
Earlier in his career, Mr. Jin served in the Office of the President, overseeing issues related to education and culture.
Mr. Jin has a Ph.D. and an M.A. in economics from the University of Manchester and a B.A. in economics from Seoul National University.
Kwangsik Cho was appointed Statutory Auditor on July 14, 2021. Prior to joining KIC, he was Chief Executive Officer of BNK Securities.
Mr. Cho brings an extensive career in finance, having held leadership positions including Managing Director of Corporate Finance at Hi Investment & Securities and Managing Director of Investment Banking at E-trade securities.
He worked previously at LG Investment & Securities and Bank of America.
Mr. Cho has a bachelor’s in management from Pusan National University and an MBA in international finance from Hankuk University of Foreign Studies.
Hoon Lee was appointed Chief Investment Officer on August 17, 2022.
Previously, Mr. Lee served as the head of KIC’s Investment Strategy & Innovation Division and Public Market Division. Since joining KIC in 2014, he has also led the Asset Allocation Group, Investment Strategy Group and Research Group.
Prior to KIC, Mr. Lee worked as an equity analyst at Korea Investment Securities, Woori Investment Securities and Samsung Securities and as a portfolio manager at Macquarie-IMM asset management and Daewoo Capital Management.
Mr. Lee has a B.A. in economics from Sogang University and an MBA from the University of California at Berkeley. He is a CFA charterholder.
Hoseok Jung was appointed Chief Risk Officer on Aug. 17, 2022.
Prior to joining KIC, he served at the Bank of Korea (BOK) for more than 30 years, where his recent responsibility was closely related to foreign reserve management. He has led the bank’s external fund management team and served as Director of the Reserve Management Strategy Division. As a portfolio manager early on, he managed a U.S. dollar portfolio and an MBS portfolio.
Mr. Jung also headed the foreign exchange planning team and the foreign exchange market team in the BOK’s International Department.
He started his career as an economist in the bank’s Research Department.
Mr. Jung has a B.A. in Economics from Seoul National University and an MBA from the University of Rochester in New York.
Sangmin Lee was appointed Chief Operating Officer on July 1, 2023.
Mr. Lee was previously KIC’s Chief Compliance Officer, appointed in 2022, and head of the Investment Operations Management Division.
Since joining KIC in 2006, he has also served as president of KIC Singapore and head of the Strategy Management Group and Investment Operations Group.
Prior to joining KIC, Mr. Lee worked for about 10 years at various securities and asset management firms, including Franklin Templeton and DWS Group.
He has a Bachelor of Accounting and Finance from Sungkyunkwan University.