SGI Seoul Guarantee's New President... Yoo Kwang-yeol, Former Senior Deputy Governor of FSC, Likely Candidate

[Asia Economy Reporter Ki Ha-young] It has been reported that Yoo Gwang-yeol, former Senior Deputy Governor of the Financial Supervisory Service, has been selected as the sole candidate for the new president of SGI Seoul Guarantee Insurance.

According to the insurance industry on the 10th, Seoul Guarantee Insurance conducted interviews with two candidates: former Senior Deputy Governor Yoo and current Seoul Guarantee President Kim Sang-taek. Seo Tae-jong, former Senior Deputy Governor of the Financial Supervisory Service, who was also a candidate, did not attend the interview.

Seoul Guarantee Insurance plans to hold a board meeting on the 13th to finalize Yoo as the candidate and then convene an extraordinary general meeting of shareholders for the official appointment.

Former Senior Deputy Governor Yoo served at the Economic Planning Board and the Ministry of Finance and Economy, then held positions such as Director of International Financial Policy, Director of International Financial Cooperation, Director of the Financial Intelligence Unit, and Standing Commissioner of the Securities and Futures Commission at the Financial Services Commission before moving to the Financial Supervisory Service as Senior Deputy Governor.

However, the labor unions of Seoul Guarantee Insurance and the Financial Supervisory Service oppose the appointment of Yoo as president.

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