[Asia Economy Reporter Kim Hyo-jin] Eun Sung-soo, Chairman of the Financial Services Commission, urged Yoon Seok-heon, Governor of the Financial Supervisory Service (FSS), on the 4th to "swiftly and flawlessly carry out the given tasks such as financial support and on-site inspections in response to the novel coronavirus infection (COVID-19), financial consumer protection, and management of financial company soundness without wavering."
Chairman Eun made this request during a special meeting held that day, taking the occasion of appointing new deputy governors of the FSS.
Chairman Eun believes that the Financial Services Commission and the FSS must do their best in their assigned roles to respond to the 'economic wartime situation' marked by significant domestic and international uncertainties such as COVID-19 and the US-China conflict.
The Financial Services Commission, through the resolution of the special meeting, appointed Kim Geun-ik, Director of the Financial Intelligence Unit (FIU), as the Senior Deputy Governor of the FSS, and Choi Sung-il and Kim Do-in, former deputy governors of the FSS, as deputy governors.
The appointment of FSS deputy governors is made by the Financial Services Commission upon the recommendation of the FSS Governor.
There are four deputy governors in total at the FSS, including the head of the Financial Consumer Protection Bureau. Considering that Kim Eun-kyung, the current head of the Financial Consumer Protection Bureau, was appointed in March, this personnel reshuffle means the entire lineup of deputy governors has been newly organized.
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