7 Candidates Apply for Next Korea Exchange Chairman Position

Jeong Eun-bo, Yoon Chang-ho, Choi Hoon, and others considered

The process of appointing the chairman of the Korea Exchange has begun, with seven candidates registered.

According to the financial investment industry on the 3rd, the Korea Exchange Director Candidate Recommendation Committee closed the public recruitment for chairman candidates the day before, resulting in seven applicants. The identities of the candidates have not been disclosed.

Korea Exchange, Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@

After the recommendation committee reviews and interviews the registered candidates, it will select and recommend the final candidate, who will then be appointed as chairman through the Korea Exchange board of directors and the shareholders' meeting.

The final candidate selection is expected to take place in mid to late January, and the chairman appointment process is likely to be completed around the Lunar New Year holiday in February.

Last November, the Korea Exchange formed the candidate recommendation committee for the next chairman appointment based on recommendations from the Listed Companies Association, the KOSDAQ Association, and the Korea Financial Investment Association.

The leading candidate is Jeong Eun-bo, former governor of the Financial Supervisory Service. Jeong is a former Ministry of Economy and Finance official and has served as chairman of the Securities and Futures Commission and governor of the Financial Supervisory Service.

Other potential candidates include Yoon Chang-ho, president of Korea Securities Finance Corporation, and Choi Hoon, ambassador to Singapore. President Yoon has served as director of the Financial Industry Bureau at the Financial Services Commission and as head of the Financial Intelligence Unit, with his term ending in March this year. Ambassador Choi has served at the Ministry of Economy and Finance and as a standing member of the Financial Services Commission.

Chairman Son Byung-doo's term ended on the 20th of last month, but he is expected to continue in the position until his successor is appointed.

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