January 17, 2014

Investing in Korea

Following her transformational 2007 Study of the U.S. Institute for Student Leaders (SUSI) program at the University of Chicago, Republic of Korea (ROK) native Chae-eun Sung refocused her professional goals and entered the world of finance.  Six years after returning home, she now works for Deutsche Bank, has earned a master’s degree in banking and corporate finance, and established a professional school for women.

Originally intending to pursue a career in marketing, Chae-eun’s SUSI exchange program gave her new direction.  Nobel laureate Robert Fogel’s captivating economics class at the University of Chicago and her visits to the Chicago Board of Trade and the Federal Reserve Bank awakened a new interest in finance.

Upon returning to the ROK, Chae-eun studied banking and corporate governance at the Korea Advanced Institute of Science and Technology (KAIST), one of the ROK’s premier universities.  Later in her graduate studies, Chae-eun accepted an internship with the Korea Investment Corporation (KIC), a sovereign wealth fund of the ROK.  In 2009, Chae-eun started her career at Deutsche Bank in Seoul, where she currently works in product management in its global transaction banking division.

Chae-eun derives great satisfaction from mentoring and participating in community activities. Her exceptional leadership skills are valued by her alumni peers and community.  With the aid of 10 fellow exchange program alumni and a grant from the 2013 Alumni Engagement Innovation Fund, Chae-eun created the School of Careers for Women to help professional women balance their demanding careers and personal obligations.  At the School, Chae-eun’s fellow exchange alumni and female leaders in the ROK mentor others and discuss professional roadblocks and successes. Through this process, the next generations of female leaders are empowered to reach their professional and personal goals.  Chae-eun’s genuine passion for mentoring is not confined to her new school.  As a member of the Korea-U.S. Vision Association, she mentored five students in the U.S Embassy Seoul’s “Alumni Mentoring Program,” which helps students learn about career development and possibilities.

Each month, the Bureau of Educational and Cultural Affairs’ (ECA) Alumni Affairs Division, which supports alumni as they build on their exchange experiences, recognizes one outstanding alumnus or alumna.  Chae-eun Sung is this month’s outstanding alumna, and her work will be recognized throughout January on the International Exchange Alumni website, ECA’s official website which serves more than one million Department-sponsored exchange alumni worldwide.