Jin Seung-ho Named New CEO of Korea Investment Corporation

Posted on 05/17/2021

Jin Seung-ho will take office as the new CEO of the Korea Investment Corporation (KIC) on May 18, 2021. Jin Seung-ho is an former senior official at the Ministry of Finance of Korea. Korean Finance Minister Hong Nam-ki selected Jin Seung-ho among the three final candidates. With Hong’s recommendation, South Korean President Moon Jae-in appointed him as the sovereign wealth fund’s new CEO. The CEO term lasts for 3 years.

Jin Seung-ho is succeeding Choi Heenam whose three-year term ends on May 17, 2021.

Jin Seung-ho spent most of his bureaucratic career at the finance ministry that owns 100% of the Korea Investment Corporation. Jin Seung-ho led the South Korean Presidential Committee on Balanced National Development since 2019.

Jin Seung-ho studied economics at Seoul National University and holds a Manchester University Ph.D in economics.

Get News, People, and Transactions, Delivered to Your Inbox