Kim Indo, Chairman of Dongui Academy Foundation, Passes Away

Chairman Kim Indo of Dongui Academy Foundation Passes Away at 74
Funeral to Be Held on September 3

Kim Indo, Chairman of Dongui Academy Foundation, passed away at 2:02 a.m. on September 1 due to a chronic illness. He was 74 years old.

As the eldest son of the late founder Kim Imsik of Dongui Academy Foundation, Chairman Kim Indo served as both president of Dong-Eui University and chairman of Dongui Academy Foundation. He dedicated his life to education, contributing significantly to the advancement of Dongui Academy Foundation and Dong-Eui University as prestigious private educational institutions.

The late Chairman Kim Indo graduated from Seoul High School and Yonsei University with a degree in Political Science and Diplomacy. He earned a master's degree in Economics from the University of Alabama in the United States and a Ph.D. in Economics from Northern Illinois University. He joined Dong-Eui University as a professor in the Department of Economics in 1991, serving as Director of Planning, Vice President, and the 6th President. From February 2010 to June 2017, he served as the 2nd Chairman of Dongui Academy Foundation, and in January 2024, he resumed the role as the 5th Chairman.

Beginning as Director of Planning at Dong-Eui University in 1995, he led the university for 12 years, elevating its status as a comprehensive university by establishing new advanced departments and majors, increasing the admission quota by more than 1,000 students. He worked to enhance the university's specialization and image, establishing a forward-looking university identity with the vision, "A regionally focused university, reaching out to the world."

As chairman of Dongui Academy Foundation, he focused on strengthening the university’s competitiveness by flexibly responding to declining school-age populations and changing educational environments through academic restructuring and organizational reforms, including quota reductions, tuition cuts, and departmental mergers. In recent years, he concentrated on preparing the schools under the foundation for the future by promoting specialization in advanced industries such as artificial intelligence, big data, and biotechnology.

He is survived by his wife Lee Inok, children Kim Hyungyu, Kim Juyeon, and Kim Sunghui. The funeral will be held at Dongui Medical Center, with the burial scheduled for 6:00 a.m. on September 3 at the family burial site in Onsan-eup, Ulju-gun, Ulsan.

Chairman Kim Indo, late chairman of Dongui Academy Foundation.

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