Construction Guarantee Union Appoints Former Gyeongnam Bank President Park Young-bin as New Chairman

Park Young-bin, former President of Gyeongnam Bank

[Asia Economy Reporter Dongwoo Lee] The Construction Mutual Aid Association held a general meeting on the 11th and announced the appointment of Park Young-bin, former president of Gyeongnam Bank, as the 19th chairman.

This is the first time since its founding in 1963 that the Construction Mutual Aid Association has appointed a chairman through a formal public recruitment process.

To ensure a fair and transparent recruitment process, the association formed a Chairman Recommendation Committee (Chairman Yoon Hyun-woo) in November of last year.

A total of 11 candidates applied, and after the first document screening and the second interview evaluation, the final candidate was selected.

The newly appointed Chairman Park was born in 1954 in Busan and graduated from Yonsei University with a degree in law.

The association explained that Park is a financial expert with extensive experience in corporate management and financial operations, having served in various positions including at the Long-term Credit Bank, Hanmi Bank, Vice President (COO) of Woori Investment & Securities, Executive Director of Woori Financial Group, President of Gyeongnam Bank, and Vice Chairman of Dongsung Group.

At the general meeting, Chairman Park stated, "I will demonstrate exemplary leadership for the future development of the association and the construction industry," and added, "I will do my best for the qualitative development of the Construction Mutual Aid Association."

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