Former Korea Development Bank Chairman Min Yoo-sung was reported on the 4th to have died on the 3rd. He was 71.
Born in 1954, former Chairman Min is regarded as part of the first generation of investment bankers in Korea. After graduating from Sogang University's business administration department in 1982, he served as head of Morgan Stanley's Seoul office and vice chairman and chief financial officer of Woori Financial Group.
After serving as head of Lehman Brothers' Seoul branch in 2005, he led the Korea Development Bank from 2008 to 2011. The wake has been set up in Room 1 of the funeral hall at Seoul St. Mary's Hospital.
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