Jeong Eun-bo, Former Financial Supervisory Service Chief, Likely Next Exchange Chairman... Confirmed Sole Candidate

Jeong Eun-bo, Former Governor of the Financial Supervisory Service

Jeong Eun-bo, former Financial Supervisory Service chief, has been confirmed as the sole candidate for the next chairman of the Korea Exchange.

According to the financial investment industry on the 18th, the Korea Exchange recently held a nomination committee meeting and unanimously recommended former chief Jeong as the final candidate for the next chairman.

Among the seven candidates who participated in the chairman recruitment, former chief Jeong was selected as the sole candidate after the final interview, and he is expected to be officially appointed following the Korea Exchange board meeting next week and the shareholders' meeting in February.

Born in 1961, Jeong passed the 28th Administrative Examination. He began his bureaucratic career at the Ministry of General Affairs, then served as Director of International Financial Policy at the Ministry of Strategy and Finance, Secretary-General of the Financial Services Commission, and Deputy Minister of Strategy and Finance. He was appointed Vice Chairman of the Financial Services Commission in January 2016 but resigned in July 2017. He served as the Financial Supervisory Service chief for nine months starting August 2021. Currently, he is a research advisory committee member at the Korea Insurance Research Institute.

Alongside former chief Jeong, Choi Hoon, Ambassador to Singapore, and Yoon Chang-ho, President of Korea Securities Finance Corporation, were considered strong candidates for the next chairman of the Korea Exchange. However, it is known that except for former chief Jeong, those mentioned did not participate in the candidate recruitment. The identities of the seven candidates who participated in the recruitment have not been disclosed.

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