FuturePlay Appoints Kwon Oh-hyung as New CEO

Ryu Jung-hee and Kwon Oh-hyung to Lead as Co-CEOs

FuturePlay's New CEO, Kwon Oh-hyung

[Asia Economy Reporter Kim Cheol-hyun] FuturePlay announced on the 4th that it has appointed Kwon Oh-hyung, partner of the Investment Group, as the new CEO. Accordingly, FuturePlay will change to a dual CEO system with Ryu Jung-hee and Kwon Oh-hyung.

New CEO Kwon graduated from the University of Massachusetts Amherst, worked at the accounting firm Deloitte, and participated as an early member in the fintech company Pinomial. He joined FuturePlay in 2015 and has led successful investment results over the past seven years as head of the investment partner division of the Investment Group.

In addition to its existing investment and acceleration activities, FuturePlay is undergoing organizational restructuring to strengthen open innovation and consulting proposals received from various large and medium-sized enterprises. Furthermore, it plans to further enhance its support for portfolio companies as one of its core competencies as an investor and startup accelerator.

FuturePlay explained that through the appointment of dual CEOs, decisions on diversified business management can be handled more efficiently, and each CEO can independently make decisions in their respective areas.

CEO Ryu Jung-hee said, "As the first deep tech accelerator in Korea entering its 10th year next year, we aim to strengthen management leadership for greater growth over the next decade." He added, "New CEO Kwon joined FuturePlay through an open recruitment for investment officers, served as an investment partner, and is the right person to lead FuturePlay with significant investment achievements and company-wide leadership."

New CEO Kwon said, "To help startups that create innovation grow faster, I want to redefine the role of accelerator and early investor and grow as a partner who creates the future together."

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