Former Vice Minister of Strategy and Finance Lee Eok-won nominated as Chairman of the Financial Services Commission... Attorney Lee Chan-jin nominated as Governor of the Financial Supervisory Service

Lee Eok-won nominated as the new Chairman of the Financial Services Commission

Veteran macroeconomics expert with a background as a senior economic bureaucrat

Attorney Lee Chan-jin nominated as the new Governor of the Financial Supervisory Service... Colleague of President Lee in the Bar Exam

Also served as defense counsel in the 'Ssangbangwool North Korea remittance allegations' trial

On the 13th, President Lee Jae-myung nominated Lee Eok-won, special professor in the Department of Economics at Seoul National University, as a candidate for Chairman of the Financial Services Commission.

Born in 1967, candidate Lee graduated from Kyungshin High School in Seoul and the Department of Economics at Seoul National University, and earned his Ph.D. in economics at the University of Missouri, United States. He began his public service career by passing the 35th civil service examination.

Starting his career in 1992 at the Customs Bureau of the Ministry of Finance and the Economic Policy Bureau at the Ministry of Finance and Economy, he later served in the International Finance Bureau at the Ministry of Finance and Economy, and held a series of key positions in macroeconomic policy, such as Director of Price Policy in the Economic Policy Bureau, Director of Comprehensive Policy, and Director of Human Resources Policy in the Future Economic Strategy Bureau.

During the Moon Jae-in administration, he served as Secretary for Economic Policy in the Presidential Secretariat, where he coordinated various policies to overcome the COVID-19 economic crisis. He was later promoted to First Vice Minister of the Ministry of Economy and Finance, where he led the implementation of the Korean New Deal and innovation-driven growth policies, contributing to economic recovery with his balanced approach to policy coordination.

Kang Hoon-sik, Chief Presidential Secretary, explained, "Based on his experience as an economic bureaucrat, he will faithfully implement the Lee Jae-myung administration's financial philosophy, including financial policies to relieve the people's hardships and vitalization of a sound capital market."

Attorney Lee Chan-jin, Head of the Social Affairs Division 1 of the National Planning Committee, has been nominated as the new Governor of the Financial Supervisory Service. The Governor is nominated by the Chairman of the Financial Services Commission and appointed by the President.

Born in 1964, nominee Lee graduated from the Faculty of Law at Seoul National University, passed the 28th bar exam, and has been practicing as an attorney.

He is a colleague of President Lee Jae-myung from the 18th Judicial Research and Training Institute and was active together in the Labor Law Society. He has served as Vice President of Lawyers for a Democratic Society (Minbyun) and as Executive Director of the People's Solidarity for Participatory Democracy. Notably, he served as defense counsel for President Lee in the trial related to the 'Ssangbangwool North Korea remittance allegations.'

The post of Governor of the Financial Supervisory Service had remained vacant for over two months after former Governor Lee Bok-hyun resigned in early June.

Noh Jeong-dong, Hankyung.com Reporter dong2@hankyung.com