Yoon Heeseong Steps Down as KEXIM President: "Worked to Expand Korea's Economic Territory"

Yoon Heesung, President of the Export-Import Bank of Korea, is delivering his farewell address at the bank's headquarters in Yeouido, Seoul. Photo by the Export-Import Bank of Korea.

Yoon Heeseong, President of the Export-Import Bank of Korea, stepped down on July 25 upon the expiration of his term.

At his farewell ceremony held at the bank's headquarters in Yeouido, Seoul, on the morning of the same day, President Yoon stated, "Over the past three years, I have worked to elevate the status of the Export-Import Bank and expand the economic territory of Korea." He added, "By increasing the statutory capital to 25 trillion won, we have strengthened the foundation for sustainable policy finance, and provided substantial support for strategic export industries such as defense, shipbuilding, and nuclear power to make a renewed leap forward."

He also mentioned the launch of the Supply Chain Stabilization Fund, the introduction of development finance, and the establishment of the Global and Capital Markets Division, stating, "These will serve as stepping stones for the next 50 years of the Export-Import Bank of Korea."

President Yoon was the first president to be promoted from within the bank since its founding. Until the appointment of the next president, Executive Director Ahn Jonghyuk (Senior Executive Vice President) will serve as acting president.

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