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

President Lee Jae Myung on Friday appointed a new vice industry minister and a new deputy chief of the Financial Services Commission (FSC). Park Dong-il, a senior official at the Ministry of Trade, Industry and Resources, was named vice minister, while Shin Ji-chang, a senior FSC official, was appointed the commission's vice chairman, presidential spokesperson Kang Yu-jung said. Kang described…

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

President Lee Jae Myung has 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), according to The Korea Times. Park, a senior official at 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 help spearhead the country's push to achieve unrivaled leadership in future strategic industries. Shin, a career official well-versed in both the financial and industrial sectors, brings expertise in financial programs for low-income people and small merchants, as well as 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.

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