Lee Chan-jin, the new head of the Financial Supervisory Service, delivers an inauguration speech at the inauguration ceremony held at the FSS in Yeouido, Seoul, on the 14th./Yonhap News

Newly appointed Financial Supervisory Service (FSS) head Lee Chan-jin said on the 14th, "I am not at all an unexpectedly radical person," adding, "There will not be any action that could cause market instability right away."

On the same day, Lee visited the press room right after the inauguration ceremony at the FSS in Yeouido, Seoul, and made these remarks.

Lee stated, "You may be curious about what kind of monster has arrived, but I am an ordinary person, just a little over 60 years old," and added, "The environment I have lived in is not one where I independently make and execute decisions." He continued, "I am used to activities that are expressed only after reaching an agreement through discussions, so it is not appropriate for me to boldly express my personal opinion right now."

His remarks are interpreted as being conscious of the concerns that a legal professional close to President Lee Jae-myung could exert excessive influence in the financial sector. Lee is a classmate of President Lee from the Judicial Research and Training Institute and has a history of representing in cases such as the North Korean remittance suspicion incident.

At the inauguration ceremony that day, Lee stated before reading his inauguration speech, "Although it doesn't match my emotional state, it is a message going out externally, so I will read the official inauguration speech." He added, "Originally, I tend to omit written statements, so there will not be such rigid measures in the future."

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