[2021 National Audit] Jeong Eun-bo "Will Review Follow-up Measures on Gwangju Bank Hiring Irregularities"

Audit of the Financial Supervisory Service by the Legislative and Judiciary Committee

Jeong Eun-bo, Governor of the Financial Supervisory Service, attended the National Assembly's inspection of the Financial Supervisory Service held by the National Assembly's Political Affairs Committee on the 7th and is responding to questions from lawmakers. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Kim Jin-ho] Jeong Eun-bo, Governor of the Financial Supervisory Service (FSS), stated on the 7th regarding the recruitment irregularities at Gwangju Bank, "We will assess the situation and see what role we can play."

Governor Jeong made this remark during the FSS audit by the National Assembly's Political Affairs Committee, responding to a ruling party lawmaker's criticism that "Gwangju Bank has taken no follow-up action despite the Supreme Court ruling on the recruitment irregularities."

According to the financial sector, even after the Supreme Court confirmed the recruitment irregularities, about five related employees remain at Gwangju Bank. In contrast, Woori Bank and Daegu Bank have completed the dismissal of all employees who were improperly hired. Woori Bank also hired socially disadvantaged individuals to replace the dismissed personnel.

A ruling party lawmaker pointed out, "The responsibility of executives and employees involved in the irregularities should be held accountable, and those who were hired through irregularities should resign, even if personally unfair. Gwangju Bank should consider hiring socially disadvantaged individuals in the same number."

In response, Governor Jeong said, "We will assess the situation at Gwangju Bank and explore possible recommendations or measures that the FSS can pursue."

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