Kim Joo-hyun, President of the Credit Finance Association, Appointed as Financial Services Commission Chairman

[Image source=Yonhap News]

[Asia Economy Reporter Song Hwajeong] Kim Juhyun (64), chairman of the Credit Finance Association, has been appointed as the first Financial Services Commission (FSC) chairman under the Yoon Seok-yeol administration.

On the 7th, President Yoon Seok-yeol nominated Kim Juhyun, chairman of the Credit Finance Association, as the candidate for FSC chairman. With this, the new government’s economic team has been completed, including Deputy Prime Minister for Economy and Minister of Economy and Finance Choo Kyung-ho, Chief Presidential Secretary for Economic Affairs Choi Sang-mok, and FSC Chairman Kim Juhyun.

Chairman Kim is a career economist. He graduated from Joongang High School and Seoul National University’s Department of Economics, and passed the 25th Administrative Examination, making him a classmate of Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho. After starting his public service career at the Ministry of Finance, he served as Director of the Financial Policy Bureau at the FSC, standing commissioner of the Securities and Futures Commission, Secretary-General of the FSC, and president of the Korea Deposit Insurance Corporation. Since 2019, he has been serving as chairman of the Credit Finance Association.

Chairman Kim is recognized for his expertise in financial sector risk management, having served as Director of the Financial Policy Bureau at the FSC during the global financial crisis, overseeing financial policy operations. After moving to the Korea Deposit Insurance Corporation as president in 2012, he also achieved results in the privatization of Woori Financial Group.

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