Kang Seok-jin, New Chairman of Jungjin Gong, "We Will Ensure Small and Medium Venture Businesses Stand at the Center of the Economy"

Kang Seok-jin, the newly appointed chairman of the Small and Medium Business Corporation, is speaking at his inauguration speech on the 1st.

Kang Seok-jin, the 19th Chairman of the Small and Medium Business Corporation (SBC), held an inauguration ceremony on the 1st at the SBC headquarters in Jinju, Gyeongnam, and officially began his duties.

In his inaugural speech that morning, Chairman Kang stated, "I will create a country where small and medium-sized ventures stand at the center of the economy."

Chairman Kang outlined four major directions for the institution: establishing an innovation growth system for small and medium ventures through private cooperation, redesigning the support system centered on the needs of businesses on the ground, bold regulatory reforms to help small and medium ventures overcome crises and achieve economic re-leaps, and serving as a central hub for supporting small and medium ventures through cooperative systems with the Ministry of SMEs and Startups and related organizations.

Kang Seok-jin said, "I will operate the institution rationally and fairly so that employees can work enthusiastically and transform it into a more trusted and transparent organization by the public." He added, "By actively communicating with internal and external stakeholders to solve problems proactively, all executives and staff will unite as one team to help small and medium ventures, which stand at a crucial crossroads of leap and retreat, develop into the growth engine of the Republic of Korea."

As his first official schedule after inauguration, Chairman Kang visited Stem, an aircraft parts manufacturer located in the Root Industry Complex in Jeongchon-myeon, Jinju, Gyeongnam. Stem is a regional innovative company with technological capabilities and growth potential that enable simultaneous processing and assembly of parts for all types of aircraft, including commercial and military planes, based on a smart factory system.

Chairman Kang met with Kim Tae-hyung, CEO of Stem, to discuss revitalizing the local economy, fostering the aerospace sector as a high value-added industry, and the potential for global market expansion. He promised to support the growth of small and medium ventures in new technology and new industry fields in line with the current government's projects to secure future industrial ecosystems such as bio and space, and to do his best to make policies tangible.

Chairman Kang is from Geochang, Gyeongnam, graduated from Yonsei University with a degree in Political Science and Diplomacy, and earned a master's degree from the Graduate School of Public Administration at the same university. His major career includes serving as the 37th and 38th County Governor of Geochang, Senior Administrative Officer at the Presidential Secretariat, Executive Director of the Korea Technology Finance Corporation, and the 20th National Assembly member (representing Sancheong, Hamyang, Geochang, Hapcheon). He is recognized for his high understanding of policy, administration, and the economy, having been selected as an outstanding member of the National Assembly for four consecutive years during national audits.

The SBC is an institution under the Ministry of SMEs and Startups, established in 1979. It is the leading support organization for small and medium ventures, handling an annual budget of about 10 trillion won, including the execution of policy fund loans worth 5 trillion won, supporting business scale-up, global market entry such as export and marketing, startup support, and workforce development.

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