The Korea Financial Investment Association Holds the 7th New Technology Finance Excellence Investment Awards Ceremony

Financial Services Commission Chairman's Commendation Recipients: POSCO Technology Investment in Group Category, Kim Hansu in Individual Category

[Asia Economy Reporter Yoo Je-hoon] The Korea Credit Finance Association announced on the 2nd that it held the 7th New Technology Finance Excellent Investment Awards Ceremony on the 1st. Now in its 7th year, the New Technology Finance Excellent Investment Awards Ceremony is conducted for new technology finance companies that have contributed to creating a virtuous domestic venture ecosystem through the activation of the new technology finance industry.

In the organizational category, POSCO Technology Investment was selected as the Financial Services Commission Chairman’s Award recipient based on a comprehensive evaluation of fund formation and investment performance, fund returns, and contributions to the development of the new technology finance industry over the past three years. IBK Capital and ST Capital were selected as recipients of the Korea Credit Finance Association President’s Award.

In the individual category, based on a comprehensive evaluation of capabilities, expertise, work performance, and contributions, Kim Han-su, Executive Director of Mirae Asset Capital, was selected for the Excellent Investment Review category, and Yang Yoon-jung, Director of Tigris Investment, was selected for the Excellent Investment Management category as recipients of the Korea Credit Finance Association President’s Award. Additionally, for contributions to the creation of a private-sector-centered venture ecosystem and the development of the new technology finance industry, Park Sang-young, Assistant Manager at Korea Growth Investment Corporation, was selected as a recipient of the Korea Credit Finance Association President’s Award.

Jung Wan-gyu, President of the Korea Credit Finance Association, stated, "Despite the difficult domestic and international economic conditions, we encourage the efforts of the executives and employees in the new technology finance industry who are fulfilling their roles as private venture capitalists. Furthermore, to foster a dynamic venture investment ecosystem promoted by the government, the new technology finance industry will actively support stable funding supply to venture companies based on its experience and know-how as private venture capital providers."