Yunsik Kim, President of the National Credit Union Federation of Korea

Yunsik Kim, President of the National Credit Union Federation of Korea

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[Asia Economy Reporter Kim Min-young] Kim Yoon-sik, Chairman of the National Credit Union Federation of Korea (NACUFOK), is practicing communication management by actively engaging on the ground.


According to NACUFOK on the 29th, Chairman Kim has been meeting directly with the chairpersons of 615 credit unions nationwide since the 14th of last month to listen to the difficulties faced on site and to seek ways to promote the joint development of credit unions across the country and revitalize the local economy.


Starting from the Chungbuk region on the 14th of last month, he held meetings in 14 regions including Seoul, Gyeonggi, Incheon, Busan, and Jeju to communicate with the chairpersons.


He also organized various communication forums such as meetings with female chairpersons and workplace credit union councils.


Celebrating its 60th anniversary this year, NACUFOK canceled various commemorative events due to the spread of COVID-19. Instead, Chairman Kim took the initiative to listen closely to voices from the field.


At a regional meeting, Chairman Kim emphasized, “The Financial Services Commission plans to expand the loan area through a revision of the enforcement decree,” adding, “Since this long-awaited project has been realized after decades, credit unions nationwide must come together to turn this crisis into an opportunity by promoting mutual growth and solidarity for joint development.” He continued, “To this end, we will form task force teams (TFT) representing the interests of large, medium, and small-sized unions by asset scale to find concrete solutions.”





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