Kibo appoints Silicon Valley branch chief Lee Jong-hyeok as new executive managing director

Korea Technology Finance Corporation said Thursday it had appointed Lee Jong-hyeok, head of its Silicon Valley branch, as executive managing director, and Jang Jin-yeop, head of the management planning division, and Kim Hyeon, head of the Seoul western regional headquarters, as standing directors.

Lee, born in 1971, holds a bachelor's degree in chemical engineering from Hongik University and a master's degree in economics from Sogang University. He joined Kibo in 1997 and has since held roles including head of the guarantee-linked investment project team, head of the human resources division and head of the management planning division.

From 2019 to 2022, he served as an administrative official in the presidential secretariat's small and medium-sized enterprise and venture affairs office, handling corporate finance policy. He took over as head of Kibo's Silicon Valley branch earlier this year.

Jang, born in 1971, graduated from Kyungpook National University with a degree in law. Since joining Kibo in 1997, he has served as head of the future innovation research institute, head of the technology guarantee division and head of the management planning division.

Kim, born in 1969, holds a law degree from Hankuk University of Foreign Studies. He also joined Kibo in 1997 and has held positions including head of the performance evaluation office, head of the central technology evaluation institute, head of the Daegu and North Gyeongsang Province regional headquarters and head of the Seoul western regional headquarters.

With the appointments, all three senior executive positions — the executive managing director and two standing director posts — have been filled by internal candidates who joined Kibo in 1997. The new standing executives will serve two-year terms through Sept. 30, 2028.