GIST Appoints Yeo Ju-sang as CEO of GIST Holdings

The Gwangju Institute of Science and Technology (GIST, President Lim Ki-cheol) announced on the 4th that it has appointed Yeo Ju-sang, former CEO of Magellan Technology Investment, as the inaugural CEO of "GIST Holdings Co., Ltd." (hereinafter referred to as GIST Holdings).

(From left) Kim Sang-don, GIST Vice President for Academic Affairs Lim Ki-chul, GIST President Yeo Ju-sang, Founding CEO of GIST Holdings Kim Min-gon, Director of GIST Science and Technology Innovation Project Group

President Lim Ki-cheol is working together to revitalize startups in Gwangju and Jeonnam, expand collaboration with local companies, and promote entrepreneurship through innovation under the strategy of revitalizing the regional economy through GIST Holdings.

GIST Holdings aims to establish 50 investee companies and achieve total sales of 200 billion KRW by 2030, focusing on key projects such as: ? Supporting the establishment of investee companies through discovering promising technologies and technology commercialization support ? Customized accelerating in areas such as product development, commercialization, and technology marketing ? Promoting large-scale planned startups through strategic partnerships with investors ? Supporting investments through the formation and operation of investment funds.

Yeo Ju-sang, the inaugural CEO, stated, “In the short term, we will focus on expanding investment assets and early-stage investments in the high-impact deep-tech field, and in the mid to long term, we will do our best to produce many high-quality unicorns so that the southwestern region of Korea, where GIST is located, can grow into a leading innovation hub representing Korea.”