GIST President Kim Gi-seon Steps Down... Kim In-su Acting President

[Asia Economy Honam Reporting Headquarters Reporter Lee Gwan-woo] The board of directors of Gwangju Institute of Science and Technology (GIST) accepted the resignation of President Kim Ki-seon, who was embroiled in various allowance controversies, on the 30th.

The GIST board held the 129th regular board meeting that morning and unanimously decided to dismiss President Kim with the agreement of 11 directors, including Chairperson Lim Soo-kyung.

It is reported that President Kim repeatedly clarified before the board meeting that his resignation statement was not true.

However, the board is interpreted to have judged the authenticity of the incident comprehensively by considering the background of the press release related to President Kim’s resignation, which GIST had previously officially announced, and the opinions of key executives.

GIST is expected to operate under the acting presidency of Vice President of Research Kim In-soo for the time being.

Afterwards, when the Presidential Recommendation Committee and the board select a presidential candidate, the new president will be appointed after final approval by the Minister of Science and ICT.

The board also decided on the resignation of Vice President of Academic Affairs Song Jong-in on the same day.

President Kim was embroiled in controversy for receiving large amounts of research allowances and performance bonuses in addition to his salary while concurrently serving as the head of two centers on campus during his tenure.

There were also allegations that he amended the operating standards for retired faculty balance accounts and the honorary professor regulations to enjoy benefits after retirement.

Since then, GIST, which had experienced internal conflicts such as intensified internal strife over President Kim’s reversal of his resignation, saw the controversy come to an end as the board made the final decision on President Kim’s position at the meeting that day.

This content was produced with the assistance of AI translation services.