Fintech Industry Association Announces Final Candidates for 4th President Election

[Asia Economy Reporter Kiho Sung] The Korea Fintech Industry Association announced on the 19th that it has finalized the candidates for the 4th president. The official election campaign period begins today.

The secretariat of the Korea Fintech Industry Association received executive candidate applications until the 7th, and after a qualification review by the Election Management Committee (Board of Directors), the final presidential candidates were confirmed.

The presidential candidates are three in total: Jeong In-young, CEO of December & Company Asset Management; Lee Hye-min, CEO of Finda; and Lee Geun-joo, Director of the Korea Easy Payment Promotion Agency (in order of candidate number).

At the regular general meeting scheduled for February 17, the 4th president, vice presidents, directors, auditors, and other 4th board executives will be elected through member company votes. The term of office is two years.

The voting rights for the presidential election, i.e., the general meeting voting rights, are granted only to member companies that paid their membership fees in the previous year. Of the total voting rights of full members with voting rights, 50% are allocated as one vote per company, and the remaining 50% are proportionally calculated based on the amount of membership fees paid. Accordingly, the candidate who receives the most votes will be elected president.

Meanwhile, the Korea Fintech Industry Association is a financial committee-approved corporation established in 2016 to support fintech industry growth and digital financial innovation. It is the largest fintech network organization in Korea, with 344 fintech companies participating as members.

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