Chairman Kim Byung-hwan of the Financial Services Commission, Director Lee Bok-hyun of the Financial Supervisory Service, Governor Lee Chang-yong of the Bank of Korea, and First Vice Minister Bum Seok Austin Kim of the Ministry of Strategy and Finance, among others from the financial sector, attend the 2025 New Year's meeting of the financial sector at the Lotte Hotel in Sogong-dong, Jung-gu, Seoul on Mar. 3, taking a commemorative photo together. /Courtesy of News1

The Korea Financial Investment Association and five other financial sector associations announced that they held the '2025 Financial New Year's Gathering' at 2 p.m. on the 3rd at the Crystal Ballroom on the 2nd floor of the Lotte Hotel in Seoul.

About 500 attendees were present at this New Year's gathering, including representatives from financial institutions, government officials, members of the National Assembly, journalists, and leaders of financial-related organizations. The event began with a moment of remembrance for the victims of aviation accidents, considering the national mourning period. Attendees heard New Year’s speeches from key figures such as Acting President and Minister of Strategy and Finance Choi Sang-mok, Financial Services Commission Chairperson Kim Byeong-hwan, Bank of Korea Governor Lee Chang-yong, and Financial Supervisory Service Governor Lee Bok-hyun, and exchanged greetings.

Bum Seok Austin Kim, the First Vice Minister of the Ministry of Strategy and Finance, read the New Year’s address on behalf of Acting President Choi, stating, 'The government will do its utmost to manage our economy and finance as stably as possible with a determined resolve.' He added, 'Above all, we will make every effort to maintain external confidence without wavering.'

Chairperson Kim noted, 'The Financial Services Commission will do everything possible to overcome the challenges facing our finance and to enable a rebound.' He emphasized that prioritizing market stability, focusing on the recovery of the real economy, and strengthening efforts to maintain the credibility of the economy and finance will be key objectives.