Chairman's Biography



Choi JongKu

Chairman

Mr. Choi JongKu took office as Chairman of the Financial Services Commission(FSC) in July, 2017. Commencing his public service career in 1982, Mr. Choi accumulated decades of extensive experiences by holding various positions including Deputy Minister for International Affairs at the Ministry of Strategy and Finance(MOSF) and First Senior Deputy Governor of the Financial Supervisory Service(FSS). Also, Mr. Choi served as President & CEO of the Seoul Guarantee Insurance(SGI) from January 2016 to February 2017. Prior to his appointment as FSC Chairman, he was Chairman & President of the Export-Import Bank of Korea(KEXIM) from March 2017 to July 2017.

During and aftermath of the 2008 financial crisis, as Director General for International Finance Bureau, Mr. Choi contributed to stabilizing financial and FX markets in Korea. While he was Deputy Minister for International Affairs at the MOSF from 2011 through 2012 when the global economy was facing the eurozone fiscal crisis, he committed himself to keeping the turbulence at bay to maintain the Korean market stable. He also played a role in effectively coordinating international cooperation amid the crisis, working closely with the partner countries notably the Group of Twenty(G20) and the ASEAN Plus Three(ASEAN+3), a cooperative platform designed for ensuring financial stability and economic integration in the region.

Born in 1957, Mr. Choi obtained a bachelor's degree in International Trade from Korea University in 1980, and a master's degree in Public Administration and Policy from University of Wisconsin-Madison in 1992.