Bain’s Seoul office promotes Jiho Park and Jungkyu Lim to partner

Bain & Company, a management consulting firm with revenues of over $4.5 billion worldwide, has appointed two new partners in its Seoul office: Jiho Park and Jungkyu Lim.

Both new partners have been admitted into the partnership from within Bain’s ranks. Park has been with the consulting firm since 2015 (having previously served L.E.K. Consulting and PwC), while Lim joined in 2008 as a MBA graduate.

The promotion sees Bain & Company’s partner team in Seoul hit the 20-mark, a record since the consultancy landed in South Korea thirty years ago. Bain’s Seoul office supports local and international clients with strategy, transactions, operations, organisation and change, among others.

Jiho Park is a member of the firm’s Consumer Products practice. His experience covers various topics including corporate transformation, performance turnaround, cost reduction, new business entry, full potential blueprinting and commercial due diligence projects focused on the retail and consumer products industry in South Korea and worldwide.

A graduate of Seoul National University with a bachelor’s degree in Business Administration, Park earned an MBA from Columbia Business School.

Jungkyu Lim is a partner in Bain & Company’s Energy & Natural Resources and Advanced Manufacturing & Services practices. He has experience in corporate strategy areas such as full potential strategy, new business strategy, global expansion strategy, and mergers & acquisitions. He has also led organisation and corporate culture projects.

Lim, who earned an MBA from MIT Sloan School of Management, serves clients in a wide variety of industries including heavy industry (oil & gas, steel, and chemical), renewable energy and the private equity sector.

In the same year start promotion round, Bain & Company promoted 76 other individuals to the positions of partner and expert partner, including Hiroaki Adachi and Sho Ikeno in Tokyo.