Kim Joong-su, the newly appointed chairman of the Yuhan Foundation.

Kim Joong-su, the newly appointed chairman of the Yuhan Foundation.

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[Asia Economy Reporter Lee Gwan-joo] Kim Jung-soo, former Governor of the Bank of Korea (75), has been appointed as the new Chairman of the Yuhan Foundation.


The Yuhan Foundation announced on the 14th that at a recent board meeting, former Governor Kim was appointed as the new chairman of the foundation. Chairman Kim graduated from Gyeonggi High School and Seoul National University with a degree in Economics, and earned a Ph.D. in Economics from the University of Pennsylvania in the United States.


He subsequently served as Economic Secretary to the President, President of the Korea Tax Research Institute, President of the Korea Development Institute (KDI), and Chief Secretary for Economic Affairs to the President. He also served as Governor of the Bank of Korea and Chairman of the Monetary Policy Committee. Until last year, he was the President of Hallym University, recognized as a leading scholar in finance, economics, and education.


The Yuhan Foundation explained the reason for his selection, stating, "Chairman Kim, who possesses both competence and integrity, will help lead the foundation's development based on his academic knowledge and extensive social experience."



The Yuhan Foundation is a public interest corporation established by the late Dr. Yoo Il-han, founder of Yuhan Corporation, who donated his entire fortune. The foundation actively carries out public interest projects centered on scholarship programs and educational support for nurturing future talents, as well as promoting technology, culture, and research, awarding social volunteers, social welfare projects, and disaster relief efforts.


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