Seung Lee has taken on the chief financial officer position at SoftBank Ventures Asia, the corporate venturing subsidiary recently rebranded by Japan-based telecommunications and internet group SoftBank.
Lee has joined SoftBank Ventures Asia after a 15-year stint at investment banking firm Morgan Stanley, where he advised on mergers and acquisitions and helped the firm raise capital for corporate clients.
Formed in 2002 as SoftBank Ventures Korea, the unit was initially a South Korea-only investor, but it gradually began making investments elsewhere in Asia before rebranding as SoftBank Ventures Asia earlier this month with a brief to also target Europe and the US.
In addition to managing SoftBank Ventures Asia’s funds and limited partners, Lee will be tasked with leading the financial operations of the unit’s offices in China, Singapore and Silicon Valley.
JP Lee, SoftBank Ventures Asia’s CEO, said: “I am incredibly excited to bring on Seung Lee to the team as a financial strategy expert and look forward to advancing our mission to support promising young entrepreneurs and enhance our presence in the early stage with an emphasis on Asia.”
Image of Seung Lee courtesy of SoftBank Ventures Asia.