Friday, November 13, 2026

Park Jae-ho, Former Lawmaker, Takes Office as New KOSME Chairman: “Will Bring Changes SMEs Can Feel”

Input
2026-11-13 14:13:58
Updated
2026-11-13 14:13:58
Park Jae-ho, chairman of the Korea SMEs and Startups Agency (KOSME), delivers his inaugural address. Photo provided by KOSME.
[Financial News] Former Democratic Party of Korea (DPK) lawmaker Park Jae-ho took office as the 20th chairman of KOSME.
At his inauguration ceremony on the 13th at KOSME’s headquarters in Jinju, South Gyeongsang Province, the new chairman, Park, said, “I will find answers in the field and bring about changes that SMEs and startups can feel,” and stressed, “With KOSME approaching its 50th anniversary, it is time to prepare for a new leap forward.”
Park outlined three operating principles: strengthening communication by listening to the voices of businesses and employees; supporting businesses in ways that let them feel change and growth; and running the organization fairly and with integrity.
After the inauguration ceremony, his first official engagement was a visit to Dongyang, a manufacturer of powertrain components for electric and hybrid vehicles in Jeongchon-myeon, Jinju. He discussed challenges in advancing manufacturing innovation and support measures needed for growth. Park pledged to connect the company with necessary support, including policy financing and workforce training.
Park graduated from the Department of French at Busan University of Foreign Studies (BUFS) and earned a master’s degree from Chung-Ang University’s Graduate School of Public Administration. He previously served as a secretary at the Office of the President of the Republic of Korea, chairman of the Korea Sports Promotion Foundation (KSPO), and a member of the 20th and 21st National Assemblies. The KOSME chairman’s term is three years.
[email protected] Kim Hyun-cheol Reporter