Financial Supervisory Service Chairman Lee Bok-hyun is presiding over an emergency financial situation review meeting on Oct. 15. /Courtesy of Financial Supervisory Service

The Financial Supervisory Service said that its head, Lee Bok-hyun, conducted meetings with high-ranking officials from Japan's three major banks, holding companies, and public pension during his visit to Japan on the 16th and 17th.

During his trip to Japan, Lee met with the chief executive officer of Mitsubishi UFJ Financial Group, the president of Mitsui Sumitomo Bank, the president of Mizuho Bank, and the chief information technology officer of the Government Pension Investment Fund (GPIF). During the meeting, Lee listened to the perspectives of global financial firms on major financial issues that both countries' financial industries face, including policy changes following the inauguration of the U.S. Trump administration, China's economic slowdown, and shifts in monetary policy among major countries.

Lee also met with the chief financial officer of TSI Holdings, an outstanding company promoting value-up in Japan, and shared examples of value-up execution. He also explained the current status of the value-up policies being promoted by South Korean financial authorities.

Lee emphasized, "The economic and financial system of South Korea is operating stably without being shaken by political turmoil."

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