Telecom Alternative Credit Evaluation Appoints Jang Hojun, Former Deputy President of Standard Chartered Bank Korea, as New CEO
Advancing Service Sophistication and Expanding Collaboration with the Financial Sector
Telecom Alternative Credit Evaluation announced on the 24th that it has appointed Jang Hojun, Deputy President of Standard Chartered Bank Korea, as its new CEO. This appointment is a strategic decision aimed at accelerating the expansion of the alternative credit evaluation service 'EQUAL', which is based on telecom data, and strengthening partnerships within the financial sector.
The newly appointed CEO, Jang Hojun, graduated from the Department of Business Administration at Seoul National University and earned an MBA from the University of California, Berkeley. After working at global consulting firms McKinsey & Company and Accenture, he joined Standard Chartered Bank Korea in 2005.
At Standard Chartered Bank Korea, he built a diverse career across departments such as the Wealth Management Division, Private Banking Business Division, CEO’s Office, Deposit Products Department within the Retail Products Division, and the Card Business Division. Since 2018, he has served as Head of Retail Banking, overseeing the retail banking sector. He is recognized for his deep understanding of both the financial and data industries, leading the development of digital financial strategies and the planning of innovative services.
Through this appointment, Telecom Alternative Credit Evaluation plans to enhance the EQUAL credit evaluation model and expand data linkage and collaboration with financial institutions. The company also aims to accelerate the realization of inclusive finance by utilizing accumulated telecom data and non-financial information to improve credit accessibility for individuals with limited financial histories.
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Jang Hojun, the new CEO, stated, "I will leverage my experience in the financial sector and expertise in data innovation to establish a highly reliable credit evaluation system," adding, "I will do my utmost to ensure that Telecom Alternative Credit Evaluation becomes a leading innovative infrastructure for inclusive finance in the financial industry."
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