In 2017, an award was established known as
Kim Jiseok award in his honour by The
Busan International Film Festival. In a press release the festival announced, "BIFF launches the Kim Jiseok Award to always remember the late executive programmer and the festival's identity and spirit." The award honours two winners among 10 world premieres shown in the 'Window on Asian Cinema' section for introducing new films from the year's most talented Asian filmmakers. Each film is awarded a cash prize of . ==References==