Law Firm Kwangjang, led by Managing Partner Kim Sang-gon, announced on July 6 that it is strengthening its position in the financial legal services market by recruiting top experts in financial regulation and digital finance supervision.
The firm has brought on Jeong Wan-kyu, former president of the Credit Finance Association and a senior advisor, as well as Ahn Byeong-nam, a digital finance expert and former team leader at the Financial Supervisory Service, as a senior specialist. This move aims to provide clients with more tailored strategic advice in response to the rapidly changing regulatory environment and the era of digital transformation.
Jeong, a policy expert who passed the 34th National Administrative Examination, has held key positions at the Financial Services Commission, including Director of Asset Management, Director of Capital Markets, and Planning and Coordination Officer. He has played a leading role in restructuring the regulatory framework of the domestic financial market and establishing consumer protection policies.
After serving as president of Korea Securities Finance, he contributed to financial innovation as president of the Credit Finance Association from 2022, leading advancements in financial payment systems and the growth of the venture capital industry. Jeong expressed his ambition, stating, "I will provide practical solutions in a complex regulatory environment based on Kwangjang's global network."
Ahn, who has 25 years of experience at the Financial Supervisory Service, has worked in various departments, including the Banking Supervision Bureau, Banking Inspection Bureau, and Sanctions Review Bureau. Most recently, he served as team leader of the Inspection Planning Team and the Ongoing Monitoring Team, building exceptional expertise in bank inspections.
From 2022 to 2024, he led the Digital Asset Research Team and the Virtual Asset Supervision Team, overseeing the establishment of a regulatory framework for virtual assets. With experience at the World Bank (IBRD), he is also well-versed in global regulatory trends. Ahn stated, "I will proactively manage regulatory risks and the challenges of digital transformation."
Through these new appointments, Kwangjang plans to maximize its capabilities in responding to financial regulations, handling supervisory investigations, resolving disputes, and providing advisory services related to digital finance and virtual assets.
Managing Partner Kim Sang-gon welcomed the new additions, saying, "Jeong Wan-kyu's macro-level policy understanding and Ahn Byeong-nam's practical supervisory expertise in traditional and digital finance perfectly complement each other. Their joining will provide a strong foundation for offering deeper and broader advisory services to our clients."
* This article has been translated by AI.
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