Ko Young-cheol has been elected as the new president of the Asian Confederation of Credit Unions (ACCU).
The National Credit Union Federation of Korea announced on September 14 that Ko attended the '2026 Asia Credit Union Forum' and the 'ACCU Annual General Meeting' held in Kuala Lumpur, Malaysia, from September 11 to 13 (local time).
Ko was elected as the new president during the 45th ACCU Annual General Meeting held on the last day of the event, September 13. His term will last for two years, from 2026 to 2028.
The ACCU holds the Asia Credit Union Forum annually to share management practices among credit unions in the region and discuss the future direction of the credit union movement. This year's event saw the participation of 571 representatives from credit unions across 22 Asian countries.
The theme of this year's forum was 'Unspoken Realities, Bold Connections: Transformation and Resilience of Credit Unions in the 2026+ Era.' Participants discussed topics such as digital transformation, the use of artificial intelligence (AI), governance and organizational innovation, and member-centered management.
The Korean Credit Union presented its experiences and achievements in the operation of the Cooperative Growth System under the theme 'Connecting Growth Beyond Systems.'
Ko stated, "In a rapidly changing financial environment, credit unions must share experiences and capabilities among countries to continue growing and find solutions together. I will work to share the experiences of coexistence and cooperation that the Korean credit union has accumulated with member countries and enhance the competitiveness and sustainability of Asian credit unions."
* This article has been translated by AI.
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