Geunju Lee Elected as the 5th President of the Fintech Industry Association

First Reappointment Case of Pinsanhyeop

The Fintech Industry Association announced on the 15th that at the regular general meeting held at the Bankers' Hall in Jung-gu, Seoul, Lee Geun-ju, the current chairman of the Fintech Industry Association, was elected as the 5th chairman.

Chairman Lee was the sole candidate nominated at the regular board meeting on the 18th of last month. He secured reappointment by receiving the majority vote of member companies at this regular general meeting. This is the first case of reappointment for a chairman of the Fintech Industry Association. His term will begin on the 18th and last for two years.

Geunju Lee, President of the Fintech Industry Association.

Chairman Lee is a fintech expert with a background in traditional financial institutions, having served as head of the Smart Finance Department at IBK Industrial Bank, secretary general of the Fintech Industry Association, head of the Small Business Easy Payment Promotion Team, and president of the Korea Easy Payment Promotion Agency. He is currently co-CEO of Hanpass. In his inauguration speech, Chairman Lee said, "During the last term, I made efforts to fulfill my pledges, achieving visible results in some areas, while there were also regrettable shortcomings. I will leverage the experience of the past two years to work harder to resolve challenges such as regulatory improvements faced by the industry."

Meanwhile, through this regular general meeting, the 5th board members including vice chairmen, directors, and auditors were also elected.

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