Samsung Life Insurance Executive Joins UNC’s Business Faculty

J.K. Joung

J.K. Joung

The University of Northern Colorado's Monfort College of Business has named a former executive at one of the largest life insurers in the world as its new Monfort Executive-in-Residence Professor.

J.K. Joung, who most recently was deputy general manager for international and corporate business development at Samsung Life Insurance in Seoul, Korea, will teach several courses at UNC, according to Gene O'Hara, director of the Monfort Executive Professor Program.

Before leaving Samsung, Joung served as lead negotiator with one of the leading Chinese banks during the creation of a joint life insurance venture.

He worked at Nationwide Insurance from 2003-2008, ending his tenure there as assistant vice president and senior consultant for strategy and capital management.

Juong analyzed East Asian markets for Marvis Zonis + Associates in Chicago before founding internet start-up IvyEdit in 2002, building it to a 12-person business.

He earned master's degrees in Business Administration and in International Relations at the University of Chicago and a bachelor's degree in Government from St. Mary's College.

He has studied, worked or lived in 10 countries, including China, India and Indonesia.

"I am very excited about being able to share first-hand experiences in working in international and cross-cultural business settings with students and fellow faculty at the Monfort College of Business," Joung said. "I look forward to working at a college that is so highly regarded and since I also have extended family in Colorado, it's a great opportunity."

"At the Monfort College of Business, we want our students to be able to learn from world-class executives," said the MEEP's O'Hara. "I'm sure our students will benefit greatly from having someone of Mr. Joung's stature as a member of our faculty."

The Monfort Executive Professor Program was established by an endowment of $1 million donated by Kenneth and Myra Monfort in 1989. The program is designed to provide opportunities for ongoing interaction among business professionals and practitioners, faculty and students.