Lee Yong-woo (politician)

Lee Yong-woo (Korean: 이용우, born 1 February 1964) is a South Korean entrepreneur, banker and politician currently serving as the Member of the National Assembly for Goyang 4th constituency since 2020. Prior to entering politics, he was the co-CEO of KakaoBank, along with Yoon Ho-young.

Lee Yong-woo
이용우
Member of the National Assembly
Assumed office
30 May 2020
Preceded byKim Hyun-mee
ConstituencyGoyang 4th
CEO of KakaoBank
In office
22 January 2016 – 13 January 2020
Serving with Yoon Ho-young
Preceded byPosition established
Succeeded byYoon Ho-young
Personal details
Born (1964-02-01) 1 February 1964
Chuncheon, Gangwon, South Korea
CitizenshipSouth Korean
Political partyDemocratic
Spouse(s)Kim Kyung-ae
Children1
Alma materSeoul National University
OccupationBanker, entrepreneur, politician

Early life and education

Born in Chuncheon,[1] Lee was grown up in Busan, where he studied at Pujun Primary School, Busan East Secondary School and Gaya High School.[2][3][4] He earned a bachelor's and a master's degree in economics at Seoul National University.[1]

Career

He joined the Hyundai Research Institute as a researcher in 1992.[5][4] He worked at the General Planning Office at Hyundai Group, as well as a senior economist at Hyundai Investment Trust Securities.[1][2][5][4] He led strategic planning, as well as mergers and acquisitions (M&A) at the Hyundai Motor Company.[1][2][4] In addition, he also served as the Director of the Dongwon Securities, the Director of Strategic Planning of the Korea Investment Holdings, the Director of Asset Management Division of the Korea Investment & Securities and the Chief Investment Officer of the Korea Investment Management.[2][5][4]

He founded KakaoBank along with Yoon Ho-young in the end of 2015 (officially in 2016) and subsequently became its co-CEO.[3][4] Under his leadership, the company achieved a surplus within 2 years,[4][5] as well as putting themselves as the largest online banking company in South Korea.[2]

Political career

From 1992 to 1993, he worked as a secretary to the then Democratic MP Jae-Sik Chang, the father of Ha-Joon Chang.[6]

On 12 January 2020, Lee was brought into the ruling Democratic Party.[1][2][3][4][5] As he joined politics, he subsequently resigned from KakaoBank.[7][8] On 24 February, he was confirmed as the candidate for Goyang 4th constituency, replacing the incumbent MP and the Minister of Land, Infrastructure and Transport Kim Hyun-mee[9][10] who had declared to not seek for re-election.[11][12] In the general election held on 15 April, he defeated the UFP candidate Kim Hyunah.[13]

Personal life

Lee married to Kim Kyung-ae.[14]

He is also an elder brother to Lee Chan-woo, the former Assistant Minister of Economy and Finance.[3]

Election results

General elections
YearConstituencyPolitical partyVotes (%)Remarks
2020Goyang 4thDemocratic85,943 (53.42%)Won

References
  1. "민주당 춘천출신 카카오뱅크 이용우 공동대표 영입". 13 January 2020. Retrieved 27 July 2020.
  2. "민주당 '7호' 영입 인재는…이용우 카카오뱅크 대표이사". 12 January 2020. Retrieved 27 July 2020.
  3. "카카오뱅크 이용우, 與 7번째 인재로 "스톡옵션 26억원 포기"". 13 January 2020. Retrieved 27 July 2020.
  4. "이용우 카카오뱅크 대표, 민주당 간다". 12 January 2020. Retrieved 27 July 2020.
  5. "민주당 '7호 영입인재' 이용우 카카오뱅크 대표, 누구?". 12 January 2020. Retrieved 27 July 2020.
  6. "카뱅 대표에서 정치 뛰어든 이용우 "책임도 묻는 네거티브 규제로"". 18 February 2020. Retrieved 27 July 2020.
  7. "'이용우 사임 표명' 카카오뱅크, 단독대표 체제로 전환할까". 13 January 2020. Retrieved 27 July 2020.
  8. "카카오뱅크, 이용우 대표 사임에 지배구조 변동...공동대표 유지하나". 14 January 2020. Retrieved 27 July 2020.
  9. "與, 김현미 지역구에 '이용우 前 카뱅 대표' 전략공천". 24 February 2020. Retrieved 27 July 2020.
  10. "이용우 전 카카오뱅크 대표, 김현미 지역구로". 24 February 2020. Retrieved 27 July 2020.
  11. "김현미, 불출마 선언에 눈물까지 흘렸지만…"부동산 규제 계속된다"". 3 January 2020. Retrieved 27 July 2020.
  12. ""정부 성공 위해 불출마"…눈물 흘린 김현미·유은혜·박영선". 3 January 2020. Retrieved 27 July 2020.
  13. "부동산 심판론 누르고 승리한 이용우…김현미 "이겨줘 고맙다"". 16 April 2020. Retrieved 27 July 2020.
  14. "'카뱅 아버지' 이용우가 대한민국에서 바꾸고 싶은 한 가지는? | 21대 국회의원 초심 박제프로젝트". 2 June 2020. Retrieved 27 July 2020.
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