Go Seung-beom "Finance Can Be Wings or Shackles... Wise Use Is Necessary"

The 6th 'Geumyung Day' Held... 176 Awards and Decorations Presented

Seung-beom Ko, Chairman of the Financial Services Commission / Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Kwangho Lee] On the 26th, the Financial Services Commission held the 6th Finance Day ceremony at Post Tower in Myeongdong, Seoul, and awarded 176 individuals for their contributions to financial development.

The ceremony was scaled down to about 30 people, including Financial Services Commission Chairman Seungbeom Ko, heads of financial sector associations, the President of the Korea Inclusive Finance Agency, and awardees, to prevent the spread of COVID-19.

A total of 176 awards were given in three categories: innovative finance, savings and investment, and inclusive finance.

The Cheoltap Industrial Medal (Innovative Finance) was awarded to Min-gyu Song, Senior Research Fellow at the Korea Institute of Finance, and the Order of Civil Merit, Seokryu Medal (Inclusive Finance) was awarded to Gyemun Lee, President of the Korea Inclusive Finance Agency.

Additionally, the Order of Merit was awarded to Wonshin Kim, Team Leader at the General Insurance Association (Innovative Finance), Jinseo Park, Chairman of the Scholarship Foundation, and Byunggap Moon, Entrepreneur (Savings and Investment), as well as Geuntak Jang, Team Leader at the Korea Credit Guarantee Fund, and Jaewoo Kim, Deputy Director at the Korea Credit Guarantee Foundation (Inclusive Finance).

Furthermore, 18 Presidential Commendations, 27 Prime Minister Commendations, and 124 Financial Services Commission Chairman Commendations were presented.

In his congratulatory speech, Chairman Ko said, "Financial development strengthens the three functions of finance: facilitating efficient capital intermediation to support corporate development and economic growth, enabling the public to enjoy the fruits of economic growth, and helping those who have faced economic difficulties to make a fresh start." He expressed his gratitude to the awardees.

Chairman Ko continued, "Financial professionals must consider the importance and impact of finance on individuals' lives and national development, and carry a heavy sense of responsibility and professionalism." He added, "Finance can be wings that fill our shortcomings and enable a better life and future, or it can be shackles that weigh us down. I ask the public to use finance prudently and wisely so that finance can become the wings of economic activity."