New heads of finance, corporate watchdogs named
|Jun Kwang-woo, Baek Yong-ho|
President Lee Myung-bak named Jun Kwang-woo, chairman of Deloitte Korea, as chief of the Financial Services Commission, and appointed Ewha Womans University professor Baek Yong-ho as the new chairman of the Fair Trade Commission, Blue House spokesman Lee Dong-kwan announced yesterday.
The two will not be members of the cabinet, but their rank is the same as cabinet ministers.
Jun has worked as an international finance expert for the past 25 years and served as South Korea’s ambassador for international finance as head of the Korea Center for International Finance. Jun was also a vice chairman of Woori Finance Holdings Co.
Baek, a free market economy advocate, has accumulated a wide range of experience in academic, political and private organizations.
He is currently working as a member of the Public Fund Oversight Committee.
President Lee also appointed Lee Seog-yeon, a prominent civic activist and lawyer, to head the Government Legislation Office, and Kim Yang, the South Korean consul in Shanghai, China, to lead the Patriots and Veterans Affairs Agency. Both have the rank of deputy minister.
Lee, a lawyer, passed the bar exam without a college degree.
He has a lot of experience working with civic groups and has been engaged in many constitutional lawsuits.
Kim is a grandson of Kim Koo, one of the country’s most revered independence fighters during Japan’s 1910-1945 colonial rule over the Korean Peninsula.
By Lee Min-a Staff Reporter [firstname.lastname@example.org]