BC Card Appoints Choi Won-seok, CEO of F& Asset Evaluation, as New President

BC Outside Director and Diverse Financial Industry Innovation Experience
Full-Scale Synergy with K Bank and Promotion of KT Comprehensive Financial Strategy

[Asia Economy Reporter Ki Ha-young] BC Card announced on the 5th that it has appointed Choi Won-seok, the current CEO of FN Asset Evaluation, as its new president.

Appointee Choi is a financial and data convergence expert who grew FN Guide to pioneer the financial information distribution industry and established FN Asset Evaluation, which combines finance and IT, developing Korea's first integrated financial product evaluation engine.

Additionally, having served as an outside director of BC Card for the past six years, he is regarded as the ideal candidate to transform BC Card into a data-driven company prioritizing customer value, leveraging his deep understanding and experience in overall management to realize innovation, growth, and profitability in digital payments and financial business.

Choi possesses extensive experience and knowledge across various financial sectors, including bank economic research institutes, securities firms, and asset evaluation companies. As a leading figure in financial innovation, he is expected to vigorously promote the synergy with K Bank and establish KT Group's unique specialized comprehensive financial strategy.

A BC Card official stated, "The appointee has previously established financial information distribution companies and asset evaluation firms, and has proactively introduced and developed the convergence of finance and IT, which has emerged as a core competitive advantage, growing these into industry-leading companies. He will lead BC Card to successfully transform into a digital data company."

Choi said, "In the MyData era, by combining BC Card's extensive payment, commerce, and financial infrastructure with KT Group's advanced AI and big data capabilities, we will build a differentiated consumer-oriented payment, consumption, and financial platform to lead the market, while continuously enhancing the competitiveness of the existing card business."

Born in 1963, Choi graduated from Seoul National University with a degree in International Economics, earned a master's degree in economics from Sogang University, and completed an MBA at New York University's STERN Graduate School. Since joining Korea Securities Economic Research Institute in 1988, he has held positions such as head of financial research at Long-Term Credit Bank, management team at Samsung Securities, CFO and head of financial research at FN Guide, and CEO of FN Asset Evaluation.

BC Card plans to officially appoint Choi as president after the shareholders' meeting and board of directors meeting next month.

This content was produced with the assistance of AI translation services.