New Financial Supervisory Service Chief Yoon Suk-heun takes office
- 6 years ago
South Korea's Financial Supervisory Service has a new leader starting today.
Yoon Suk-heun is a former academic... and has worked with the government as a reformer.
Taking the helm Tuesday at the FSS, he said a key part of the watchdog's mission of managing risks and protecting consumers... is being independent of the administration.
Kim Hyesung reports.
Financial Supervisory Service Governor Yoon Suk-heun is taking up the mantle of responsibility as the nation's top financial regulator.
In his inauguration speech Tuesday, Yoon stressed the need to maintain the financial watchdog's independence in order to regain public trust and drive innovation.
He said the FSS exists to supervise a stable, fair order in the financial market, protect consumers and manage risks.
A former visiting professor of business administration at Seoul National University, Yoon also served as the Chairman of the Moon Administration's Financial Administration Innovation Committee who pushed for financial reform measures.
Yoon is now officially the 13th governor since the FSS's establishment and the third governor under the Moon administration.
His inauguration comes after the resignation of Kim Ki-sik, who stepped down in mid-April over various ethical lapses,... i
ncluding misuse of public funds during his time as a lawmaker.
From day one, the new FSS chief faces various tasks, including alleged accounting fraud at Samsung BioLogics, an investigation into Samsung Securities' trading error on April 6th and ways to regulate Korea's cryptocurrency exchanges.
Kim Hyesung, Arirang News.
Yoon Suk-heun is a former academic... and has worked with the government as a reformer.
Taking the helm Tuesday at the FSS, he said a key part of the watchdog's mission of managing risks and protecting consumers... is being independent of the administration.
Kim Hyesung reports.
Financial Supervisory Service Governor Yoon Suk-heun is taking up the mantle of responsibility as the nation's top financial regulator.
In his inauguration speech Tuesday, Yoon stressed the need to maintain the financial watchdog's independence in order to regain public trust and drive innovation.
He said the FSS exists to supervise a stable, fair order in the financial market, protect consumers and manage risks.
A former visiting professor of business administration at Seoul National University, Yoon also served as the Chairman of the Moon Administration's Financial Administration Innovation Committee who pushed for financial reform measures.
Yoon is now officially the 13th governor since the FSS's establishment and the third governor under the Moon administration.
His inauguration comes after the resignation of Kim Ki-sik, who stepped down in mid-April over various ethical lapses,... i
ncluding misuse of public funds during his time as a lawmaker.
From day one, the new FSS chief faces various tasks, including alleged accounting fraud at Samsung BioLogics, an investigation into Samsung Securities' trading error on April 6th and ways to regulate Korea's cryptocurrency exchanges.
Kim Hyesung, Arirang News.