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Governance

Steering Committee

Steering Committee

The Steering Committee is composed primarily of experts and supports strategic advisory functions and key decision-making processes.

Overview of the Steering Committee

The Steering Committee is composed of six private-sector members and three ex officio members. The ex officio members include the Minister of Finance and Economy, the Governor of the Bank of Korea, and the CEO of KIC—representing institutions that have entrusted assets to KIC exceeding a threshold defined by Presidential Decree.
Private-sector members are appointed by the President of the Republic of Korea upon the recommendation of the Private Member Nomination Committee, and serve a two-year term. The Chair of the Steering Committee is elected from among the private-sector members.

The Steering Committee also operates subcommittees, which are categorized into standing and ad hoc subcommittees. Standing subcommittees include the Investment Subcommittee, which deliberates on matters related to KIC’s asset management, and the Risk Management and Oversight Subcommittee, which reviews risk management practices related to asset operations and periodically monitors and supervises the corporation’s activities.

Category

Steering Committee

Investment Subcommittee

Risk Management and Audit Subcommittee

Budget Subcommittee

Evaluation Remuneration Subcommittee

  • Sungil Cho

    Chairman

  • Youngwoo Park 

    Member

    Member

    Member

  • Jeongjae Park

    Member


    Member

    Chairman

  • Seunghoon Lee

    Member

    Member



    Chairman

  • Samyoung Chung

    Member

    Chairman


    Member

  • Jaejoon Han

    Member


    Chairman

    Member


  • Ministry of Finance and Economy (Minister)

    Member


    Member

    Member

  • Bank of Korea (Governor)

    Member


    Member

    Member

  • KIC (CEO)

    Member

    Member

    Member


Profile

*As of April 2026
  • Professor, Graduate School of International Studies, Chung-Ang University

    Sungil Cho is a Professor at the Graduate School of International Studies, Chung-Ang University.
    He previously served as an Assistant Professor at Syracuse University and as a Research Fellow at the Korea Information Society Development Institute (KISDI). He also served as Chair of the Fund Management Committee of the Community Chest of Korea, Chair of the Risk Management Committee of the National Health Insurance Service (NHIS), and Member of the Fiduciary Responsibility Expert Committee of the National Pension Fund (NPF).

    He received his B.A. in Economics from Seoul National University and his M.A. in International Economics and Ph.D. in Business Administration from the University of Michigan.

  • Partner, Yoon & Yang LLC

    As a partner of Yoon & Yang LLC, Young Woo Park has rich experience in domestic and foreign real estate-related projects, M&A, and investment-related work.

    Mr. Park is achieving successful results in the above areas. Based on these experiences, he lectures in specialized fields to the Korea REITs Association, the Korea Financial Investment Association, the National Pension Service and financial institutions, and serves as an advisory member of the government, public corporations, and mutual aid associations.

    He received his LL.B. from Korea University and his LL.M. from Indiana University Maurer School of Law. He is qualified as an attorney in both Korea and New York.

  • Professor, Yonsei University

    Jeongjae Park is an Associate Professor in the School of Economics at Yonsei University. Previously, he served as an Assistant Professor in the Department of Economics at the National University of Singapore. He holds a B.A. from Seoul National University, an M.A. in Economics from the University of Pennsylvania, and a Ph.D. from the University of Wisconsin-Madison.

  • 이승훈 위원.JPG

    Member of the Board of Trustees, KyungHee University Foundation

    SeungHoon Lee is a member of the Board of Trustees of KyungHee University Foundation and an independent outside director of the board of KT corporation.?He has worked for a local private equity house as part of the executive team for over five years. Before this, he worked for 11years at global securities firms such as Morgan Stanley, UBS, and JP Morgan as a top-ranked analyst/strategist and Head of Equity Research for Korea, and nine years at SK Group, the third largest conglomerate group in Korea, as a corporate executive in charge of developing inorganic growth opportunities and executing M&A activities-executive vice president and vice president, respectively. Accordingly, he brings a unique and rare combination of hands-on experience from the best financial and industrial worlds.?He studied literature at Seoul National University and holds an M.A. in economics from the University of Michigan, where he completed the Ph.D. course requirements, and an M.A. in International Studies from the University of Pennsylvania.

  • Head of AIF APAC

    Sam Young Chung is Head of AIF APAC at AIF Global, Professor of Business Innovation at Taejae University, and President of the Korea Alternative Investment Research Institute. He has served as a member of the Special Committee on Investment Policy at NPS and the Insurance Division Investment Committee at Korea-Post. Academically, Dr. Chung had also served as a Finance Professor at Long Island University and Yonsei University.

    He received his B.A. and MBA in Business Administration from Illinois State University and his M.S. and Ph.D. in Finance from Boston College and the University of Massachusetts-Amherst.

  • ProfessorInha University

    Jaejoon Han is a Professor of Business Administration at Inha University. He previously worked at the Bank of Korea and the Korea Institute of Finance before entering academia.
    He has been with Inha University since 2008, where he progressed from Assistant Professor to full Professor.
    He received his B.A. and M.A. in International Economics from Seoul National University and his Ph.D. in Economics from the University of Texas at Austin.