b

New Chairman of the FSC takes office

Yim Jong-yong, a former Chairman and CEO of the Nonghyup Financial Group, was appointed as the 4th Chairman of the FSC on March 13, 2015.

b

Succeeding the former Chairman Shin Je-Yoon, he will take on crucial financial tasks such as fostering Fintech industry, reforming financial regulatory framework, and improving household debt structure.

a

Chairman Yim has been serving in the government for more than 30 years. He filled numerous key posts in the economic and financial fields including the First Vice Minister of the MOSF and Minister for Government Policy Coordination, Prime Minister’s Secretariat.

e

 

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