Powerlist2014: Seon Jong Lee, Samsung Venture Investment Corporation

Rank last year: 12

Seon Jong Lee has been placed in charge of Samsung Venture Investment Corporation (SVIC), the corporate venturing unit of the South Korea-based conglomerate, as president, having previously been its vice-president.

Jong Lee succeeds Woi Hong Choi, who was president from 2009 until late 2013. Jong Lee was promoted to the president role at the same time as seven other new presidents were made in the South Korean conglomerate.

Founded in 1999, SVIC has a majority of its team in Korea, including its investment committee, but it is understood about 80% of its deals by value came from the US and the group is looking at whether to expand to China or other regions and how to structure the group for further success.

He has a bachelor’s degree from Kyungpook National University