[Asia Economy Reporter Park Jihwan] Cha Seongsu, Chairman of the Korea Teachers' Credit Union, tendered his resignation on the 10th to run for the general election.


An official from the Teachers' Credit Union stated, "Chairman Cha's resignation will be finalized through the Operations Committee," adding, "We plan to hold the Operations Committee as soon as possible to implement follow-up measures such as forming the Executive Recommendation Committee."



Chairman Cha assumed office as the 21st Chairman of the Teachers' Credit Union on October 1, 2018. His fixed term was until September 30 of next year.


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