Kim Hak-su, President of the Korea Financial Telecommunications and Clearings Institute, Inaugural Anniversary Speech

Kim Hak-su, President of the Korea Financial Telecommunications and Clearings Institute. Photo by Korea Financial Telecommunications and Clearings Institute

Kim Hak-su, President of the Korea Financial Telecommunications and Clearings Institute. Photo by Korea Financial Telecommunications and Clearings Institute

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[Asia Economy Reporter Song Seung-seop] Kim Hak-su, President of the Korea Financial Telecommunications and Clearings Institute, stated to employees on the occasion of the 35th anniversary of its founding that "the financial market will change with the opening of financial infrastructure in the second half of the year."


On the 2nd, in his anniversary speech, Kim said, "With the full-scale implementation of MyData and other initiatives, the financial market will undergo changes centered on comprehensive financial platforms and the value of data utilization," adding, "To fulfill the leading role in the digital New Deal era, the payment, information mediation, authentication, data, and IT sectors are thinking ahead and preparing in advance."


He continued, "The stable system operation and development shown so far were due to excellent work performance," and proposed, "Let's continue to maintain manpower as top experts in financial settlement services." He also urged, "To continuously secure trust from the market, each person must further strengthen their core competencies and improve any shortcomings."


President Kim also emphasized 'loyalty' that aligns organizational and individual goals. He said, "Finding positive meaning and a sense of achievement is not one-way loyalty or devotion but is possible when the goals of the organization and the individual are well integrated," and mentioned, "Now is the era of work-life blending."



However, he stated that an organizational culture that blindly pursues innovation and creativity while neglecting principles and standards should be avoided. Kim expressed, "Although the recent management environment emphasizes values such as innovation and creativity, if it leads to an organizational culture that neglects principles and standards, it will only increase confusion," and added, "Let's maintain a healthy tension in the disciplinary system."


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

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