Toss Insight Appoints Former Exchange Chairman Son Byung-du as CEO

Toss Financial Management Research Institute 'Toss Insight' announced on the 24th that it has appointed Son Byung-du, former Chairman of the Korea Exchange, as its new CEO.

Launched last month, Toss Insight is an institution that analyzes financial policies and researches trends, focusing on the fintech (finance + technology) sector. It was established to deliver meaningful messages across the financial industry and to enhance Toss's social contribution as a financial institution. In line with this purpose, Toss Insight announced that it has appointed Son Byung-du, a financial policy expert and former Chairman of the Korea Exchange, as the new CEO.

CEO Son said, "I have always been impressed by Toss, which has led financial innovation in South Korea," and added, "I will contribute to Toss's special journey in creating the future of new finance."

Son Byung-du, New CEO of Toss Insight
[Photo by Toss Insight]

CEO Son was born in 1964 and graduated from Seoul National University with a degree in International Economics. After attending the Graduate School of Public Administration at Seoul National University, he earned a Ph.D. in Economics from Brown University in the United States in 2000.

He entered public service in 1989 by passing the 33rd Administrative Examination and began his career at the Economic Planning Board in 1992. From 2008 to 2010, he served as Director of the Foreign Currency Fund Division and Director of the International Finance Division at the Ministry of Strategy and Finance, contributing to overcoming the difficult economic situation during the global financial crisis. He later moved to the Financial Services Commission, where he held positions such as Director of the Financial Services Bureau, Director of the Financial Policy Bureau, Standing Commissioner, and Secretary-General, leading efforts in financial privatization, fintech policy, strengthening household debt management, and corporate restructuring.

In particular, during 2014, known as the dawn of fintech in South Korea, he served as Director of the Financial Services Bureau, playing a key role in building the fintech ecosystem and changing the financial regulatory paradigm. From May 2019, he served as Vice Chairman (ministerial level) of the Financial Services Commission, and in December 2020, he was inaugurated as the 7th Chairman of the Korea Exchange, serving until February of this year. Afterward, he worked as an advisor to the Korea Exchange before joining Toss Insight this time.

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