Key Takeaways
- • Jang Sang-ik, advisor at Daejoo Accounting Firm, has been appointed as the next CEO of Korea Growth Financial Investment Management following board approval on June 8, 2026, with formal confirmation expected at an upcoming shareholders' meeting.
- • Jang brings 17 years of venture investment experience, having served since 2008 at Korea Venture Investment in roles spanning venture investment division head, fund management division head, and compliance service division head.
- • Korea Growth Finance, established in February 2016, operates as a fund-of-funds investment firm that structures parent funds combining policy and private capital, then deploys capital through its own fund managers across stage-specific VC and PE investments.
- • The leadership transition is expected to resolve an existing management gap at the organization, signaling organizational stability and continuity in fund operations.
Summary
Korea Growth Financial Investment Management announced the appointment of Jang Sang-ik as its next CEO on June 8, 2026, following approval by the company's board of directors. Jang, currently an advisor at Daejoo Accounting Firm, will assume the CEO position following formal approval at a shareholders' meeting scheduled for early next month. The appointment marks a significant leadership transition for the fund management company.
Jang brings substantial experience to the role, with a 17-year tenure in the venture investment sector. Since joining Korea Venture Investment in 2008, he has held multiple senior positions, including head of the venture investment division, head of the fund management division, and head of the compliance service division. His track record in compliance and fund management operations positions him to lead the organization through its next phase of development.
Korea Growth Finance, founded in February 2016, operates as an independent fund-of-funds investment platform specializing in stage-specific venture capital and private equity investments. The company structures parent funds that combine policy-backed capital with private sector funds, then allocates these combined resources through its own fund managers. This hybrid approach has established Korea Growth Finance as a distinctive player in South Korea's institutional investment landscape, bridging public and private capital markets.
The leadership appointment addresses what the organization identified as an existing management gap, with the incoming CEO expected to provide continuity and strategic direction for fund operations and capital deployment activities.
Jang brings substantial experience to the role, with a 17-year tenure in the venture investment sector. Since joining Korea Venture Investment in 2008, he has held multiple senior positions, including head of the venture investment division, head of the fund management division, and head of the compliance service division. His track record in compliance and fund management operations positions him to lead the organization through its next phase of development.
Korea Growth Finance, founded in February 2016, operates as an independent fund-of-funds investment platform specializing in stage-specific venture capital and private equity investments. The company structures parent funds that combine policy-backed capital with private sector funds, then allocates these combined resources through its own fund managers. This hybrid approach has established Korea Growth Finance as a distinctive player in South Korea's institutional investment landscape, bridging public and private capital markets.
The leadership appointment addresses what the organization identified as an existing management gap, with the incoming CEO expected to provide continuity and strategic direction for fund operations and capital deployment activities.
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