Former Chairman and CEO, KT Corporation
"The broadband has become the most important element for global economic growth as it serves as an essential infrastructure on which new businesses will flourish. It will also help accelerating progress towards the United Nation’s Millennium Development Goals (MDGs) which the ITU Broadband Commission advocates strongly.
The Government of Rwanda and KT agreed to form a joint venture company to deploy a high-speed (4G LTE) broadband network to cover 95 per cent of the population in three years.This is one of the best examples of how Public Private Partnership (PPP) can be extended to realize the UN MDGs"
Suk-Chae Lee served as the Chairman and CEO of KT Corporation, the largest fixed and mobile convergence service provider in Korea.
Lee assumed the position in 2009, and immediately orchestrated the merger between KT and its mobile subsidiary unit, KTF. In the same year, he ushered in the mobile big-bang to Korea by introducing iPhone and slashing data tariffs by 88%.
He also led various innovations such as ‘olleh’ brand launching, anti-corruption practice, and transformation of HR system. In order to make KT as one of the global convergence leaders, he has also successfully merged and acquired of BC Card, Rental, and Skylife; all of them are currently expanding.
Lee’s accomplishments were acknowledged when he received IEEE Distinguished Industry Leader Award, and Asia Business Leaders Award. KT was bestowed the DJSI Global Supersector Leader in 2011 & 2012.
KT seeks to become the ‘Global ICT Convergence Leader’ in the world where software, contents, and applications will create a single global market based on strong broadband network.
Lee served as a government economic policy maker in various capacities prior to KT. Major positions include the Chief Secretary of Economic Affairs to the President, the Minister of Information & Communication, and the Vice Minister of Finance & Economy of Korea.
Education: Ph.D. in Economics, Boston University; Bachelor’s in Business Administration, Seoul National University