Export-Import Bank Conducts Regular Personnel Changes... Appoints Two Division Heads
Appointing Kim Hyung-jun as New Head of Project Finance Division and Park Jong-gyu as New Head of Economic Cooperation Business Division
Establishment of Dedicated ESG Department 'ESG Management Department'... Full-Scale Launch of ESG Management
[Asia Economy Reporter Park Sun-mi] The Export-Import Bank of Korea announced on the 15th that it has appointed Kim Hyung-jun, Head of the Maritime Finance Division, as the Head of the Project Finance Headquarters, and Park Jong-gyu, General Manager of the Economic Cooperation Division, as the Head of the Economic Cooperation Business Headquarters.
Newly appointed Vice President Kim previously served as Head of the Maritime Finance Division, Head of the Service Industry Finance Department, and Director of the Corporate Restructuring Office. He will now lead the bank’s Project Finance Headquarters, directing support for domestic companies’ overseas projects. Newly appointed Vice President Park previously served as General Manager of the Economic Cooperation Division and Head of the Hanoi Office. He will now oversee the Economic Cooperation Business Headquarters, managing the operations of the Economic Development Cooperation Fund.
An official from the bank stated, “This executive appointment process was transparent and fair, involving public recruitment of candidates as well as reputation checks through external headhunting firms. Since experts in project finance and economic cooperation funds have been appointed as heads of their respective divisions, we expect a significant expansion in our companies’ overseas advancement and economic cooperation with developing countries.”
On the same day, the bank also conducted its regular personnel reshuffle for the second half of 2021. A bank official said, “Considering the ongoing COVID-19 crisis, we minimized inconvenience to client companies and carried out only essential personnel transfers to ensure there is no disruption in supporting our companies’ import and export transactions.”
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Meanwhile, to fully launch ESG (Environmental, Social, and Governance) management, the bank established a dedicated ESG management department called the ‘ESG Management Department’ on the same day.
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