Former KOSCOM CEO Jung Yeon-tae Heads up The Korea IT Times
Former KOSCOM CEO Jung Yeon-tae Heads up The Korea IT Times
  • By Yeon Choul-woong (
  • 승인 2015.11.03 11:14
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Jung Yeon-tae, former CEO of KOSCOM (a Korean provider of financial IT services), has been inaugurated as publisher and chairman of The Korea IT Times, the only English-language IT journal in South Korea.

The Korea IT Times said on November 3 that it held a board meeting on October 30 and appointed former KOSCOM CEO Jung Yeon-tae as publisher and chairman of The Korea IT Times.

Chairman Jung has been holding various posts, including chairman of Innovation Forum for Nation, president of the SNS Industry Promotion Agency, chairman of the Creative Economy Policy Forum and chairman of the Big Data Future Forum’s Board of Directors. Hence he has been viewed as a leading figure in moving forward with the government’s creative economy initative and bringing innovation to the nation.

On top of that, Chairman Jung has been leading the executive committee of the Headquarters of the Pan-national Movement to Erect Statues of Independence Fighter Ahn Jung-geun. A statue of Ahn Jung-geun is scheduled to be unveiled on November 11 at the National Assembly Memorial Hall.

“Many people point out that the Korean IT industry that has been the driving force behind South Korea’s economic growth and industrial development is losing steam. Thus, it is urgent for us to breathe new life into the IT industry. As chairman of The Korea IT Times, the only English-language journal dedicated to the IT industry, I will make all-out efforts to usher in a renaissance in the Korean IT industry,” Chairman Jung mentioned in his inaugural speech.

Born in 1956 in Uljin, Gyeongsangbuk-do, Chairman Jung graduated from Whimoon High School and Hanyang University in South Korea. In 1980, he flew to New York and continued his studies in the US. He received a master’s degree in metallurgy and materials engineering and a doctor’s degree in network & communication management from Stevens Institute of Technology Graduate School. He also ran businesses in New York for 26 years.

As of now, Chairman Jung currently serves as chairman of the Korean-American Scientists and Engineers Association (KSEA) New York Metropolitan Chapter and chairman of the Asian branch of the US-based Wireless Communications Association International (WCA). In 2008, Jung took the helm of KOSCOM. He also served as vice chairman of Samjong KPMG Economic Research Institute and adjunct professor at Hanyang University Graduate School of Information and Communications.

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