KOREA WHO
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CEO of KG Inicis
Lee Sun-jae
PG Veteran with Global Expertise Targets KRW 1,000 Trillion Offline Market
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Last Updated on Jun 10, 2025
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CEO of KG Inicis
Life Summary
Lee Sun-jae (known as Jason Lee, "이선재" in Korean) is the CEO of KG Inicis.
He is tightening his grip on KG Inicis’ push into the offline payments market, which is worth KRW 1,000 trillion (US$ 719.4 billion), as the company maintains its top position in the online payment gateway (PG) industry.
He was born on October 3, 1973.
He graduated from the Department of Electronic Engineering at Hongik University.
He began his career in business development at GeoMC, a company known for its MC Square device, and later worked as the business development manager for Europe, the Middle East, and Africa (EMEA) at SK WiderThan UK, a mobile solution development subsidiary of SK Group.
He also served as director of business development for the EMEA and North American regions at Insprit Co., Ltd., a mobile network solutions company.
In 2010, he joined KG Inicis and led the global business division, overseeing the entire payment gateway (PG) business, including international operations. After serving as Chief Operating Officer (COO), he was appointed CEO and President of KG Inicis in March 2023.
In 2024, he was recognized for effectively normalizing the company in a short period through appropriate risk management during the TMON incident.
#KGInicis #LeeSunjae #paymentgateway #offlinepayments #fintech #TMON #riskmanagement #PGbusiness #KGecommerce #KoreanCEOs
He is tightening his grip on KG Inicis’ push into the offline payments market, which is worth KRW 1,000 trillion (US$ 719.4 billion), as the company maintains its top position in the online payment gateway (PG) industry.
He was born on October 3, 1973.
He graduated from the Department of Electronic Engineering at Hongik University.
He began his career in business development at GeoMC, a company known for its MC Square device, and later worked as the business development manager for Europe, the Middle East, and Africa (EMEA) at SK WiderThan UK, a mobile solution development subsidiary of SK Group.
He also served as director of business development for the EMEA and North American regions at Insprit Co., Ltd., a mobile network solutions company.
In 2010, he joined KG Inicis and led the global business division, overseeing the entire payment gateway (PG) business, including international operations. After serving as Chief Operating Officer (COO), he was appointed CEO and President of KG Inicis in March 2023.
In 2024, he was recognized for effectively normalizing the company in a short period through appropriate risk management during the TMON incident.
#KGInicis #LeeSunjae #paymentgateway #offlinepayments #fintech #TMON #riskmanagement #PGbusiness #KGecommerce #KoreanCEOs