Five candidates from the finance, academia, and political sectors have declared their intention to run for the next president of the Credit Finance Association.
According to the association on May 22, the application period for the 14th president closed on May 19, with the following candidates submitting their applications: Kim Sang-bong, a professor at Hansung University; Park Kyung-hoon, former CEO of Woori Financial Capital; Yoon Chang-hwan, former policy chief to the National Assembly Speaker; Lee Dong-cheol, former CEO of KB Kookmin Card; and Jang Doo-jung, former policy advisor to the Ministry of Economy and Finance.
Kim Sang-bong holds a degree in economics from Sogang University, where he also earned his master's degree, and he obtained a Ph.D. in economics from Texas State University. He has worked at Seoul Economic Daily, Shinhan Card, and SK Management & Economics Research Institute, and has served twice as an advisor to the Credit Finance Association.
Park Kyung-hoon graduated from Seoul National University with a degree in international economics. He has held positions at Hyundai Corporation and Woori Bank, and served as the Chief Financial Officer of Woori Financial Group. He later became the CEO of Woori Financial Capital and is currently an outside director at Hanwha Savings Bank.
Yoon Chang-hwan studied law at Chonnam National University and completed a doctoral program in political science at Dongguk University. He has served as the policy chief to the National Assembly Speaker and led the AI policy advisory team for the campaign of Lee Jae-myung during the 21st presidential election. He currently heads the AI and AI Transformation Strategy Center for the credit finance industry and serves as CEO of the Global AI Next Center.
Lee Dong-cheol graduated from Korea University with a law degree and completed an LLM at Tulane University in the United States. He has extensive experience in the card and financial holding sectors, having served as Chief Strategy Officer of KB Financial Group, CEO of KB Kookmin Card, and Vice Chairman of KB Financial Group.
Jang Doo-jung graduated from Chung-Ang University with a law degree and completed his graduate studies at Yonsei University. He has worked at Hyundai Capital and Kookmin Lease, and served as the head of the financial business division at NICE Information Service. He has also been a policy advisor to the Deputy Minister of Economy and Finance and an executive director at the Korea Credit Guarantee Fund.
The association's presidential selection committee will conduct a document review of the applicants by May 27, narrowing the field to three candidates. Interviews and a secret ballot will follow next month, after which a single candidate will be confirmed and presented for approval at the general assembly, with the aim of finalizing the presidential selection by next month.
* This article has been translated by AI.
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