Housing Finance Corporation Appoints Former Union Chairman Lim Jae-dong as First Labor Director

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Lim Jae-dong, former union chairman (Grade 2, current Head of Business Support Department), has been appointed as the first non-executive labor director (worker representative) of Korea Housing Finance Corporation (HF).

The labor director system is a system in which worker representatives participate in management with speaking and voting rights as members of the board of directors, and it has been implemented in the public sector since August last year.

Lim Jae-dong, Labor Director of Korea Housing Finance Corporation.

The Financial Services Commission appointed and notified Lim Jae-dong, former union chairman, as the labor director among two candidates recommended by the Housing Finance Corporation's executive recommendation committee. Lim's term is from February 21, 2023, to February 20, 2025.

Since joining the Housing Finance Corporation in 2004, Lim has worked extensively at the headquarters and branches, gaining a high level of understanding of the overall organization. He was elected union chairman in 2012 and successfully re-elected in 2015, serving a total of six years as union chairman.

Lim said, “I feel a heavy responsibility being appointed as the first labor director, and I will strive to faithfully fulfill my role as a bridge for labor-management cooperation by gathering diverse opinions from members.”