[Asia Economy Yeongnam Reporting Headquarters, Reporter Kim Jong-hyo] Moon Sung-yu, CEO of Korea Asset Management Corporation (KAMCO), participated in the 'Flower Bucket Challenge,' a relay campaign to promote flower consumption to support flower farms struggling due to the impact of the novel coronavirus disease (COVID-19).
This campaign is being conducted in a relay format to help flower farms whose sales have plummeted due to the cancellation or reduction of various events and gatherings such as graduation and entrance ceremonies amid the spread of COVID-19. CEO Moon joined the campaign upon the recommendation of Nam Ki-chan, CEO of Busan Port Authority.
CEO Moon stated, "KAMCO will strive to bloom hope for the national economy in times of crisis as an inclusive financial support institution by providing proactive and swift support to small business owners, small and rehabilitating companies, and vulnerable households affected by COVID-19."
He also recommended Yoon Jong-won, President of IBK Industrial Bank of Korea, and Cho Young-bok, Director of the Social Enterprise Research Institute, who is in charge of operating the Busan Social Economy Support Fund (BEF), as the next participants to continue the campaign.
Meanwhile, KAMCO is actively leading efforts to prevent the spread of infectious diseases and revitalize the stagnant economy by donating a total of 300 million KRW to medical staff and volunteers in the Daegu area, as well as low-income and vulnerable groups such as child-headed households in Daegu and Busan.
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