Lee appoints new vice industry minister, deputy chief of financial watchdog

President Lee Jae Myung recently appointed Park Dong-il as the new vice industry minister and Shin Ji-chang as the new deputy chief of the Financial Services Commission (FSC). Park, a senior official from the Ministry of Trade, Industry and Resources, is described as an industry policy expert with extensive experience in planning and coordinating industrial policies.

His appointment is expected to bolster the country's efforts to lead in future strategic industries. On the other hand, Shin Ji-chang, a career official well-versed in the financial and industrial sectors, will serve as the commission's vice chairman. He is noted for his expertise in financial programs for low-income people, small merchants, and the housing market.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.