President Lee Jae-myung appointed Kwon Dae-young, Secretary-General of the Financial Services Commission, as the vice chairman of the Financial Services Commission on the 20th. Kwon, regarded as the top 'elite policy expert' within the financial authorities, led the government's '6.27 loan regulation' policy and was publicly praised by President Lee Jae-myung.
Born in 1968 in Jinhae, Gyeongnam, Kwon graduated from Jinhae High School and Korea University with a degree in business administration. He entered public service after passing the 38th Administrative Examination and served in various capacities, including the Foreign Currency Fund Division, Securities System Division, and Financial Policy Division at the Ministry of Economy and Finance (previously known as the Ministry of Finance and Economy), before becoming the head of the Public Fund Management Committee.
After the launch of the Financial Services Commission, he served as the head of the Asset Management Division, the Small and Medium Enterprises Finance Division, the Banking Division, and the Financial Policy Division, and was dispatched to the Economic Policy Office of the Presidential Office. He also held positions as the head of the Financial Innovation Planning Team, the Director of the Financial Industry Bureau, and the Director of the Financial Policy Bureau, and worked as a full-time commissioner from September 2022.
After the term of former Financial Services Commission vice chairman Kim So-young expired last month and no subsequent appointments were made, he assumed the role of acting vice chairman. Kim Yong-beom, head of the Presidential Office's Policy Office, served as vice chairman of the Financial Services Commission in 2017 while he was also the head of the Financial Innovation Planning Team.
Since the Lee Jae-myung administration took office, he has led the '6.27 loan regulation' policy and received 'public praise' from President Lee. During the 'Chungcheong Town Hall Meeting' on the 4th, President Lee mentioned then Secretary-General Kwon, saying, 'He is the one who created this real estate loan restriction measure' and added, 'Well done.'