On Apr. 8, Korea Securities Depository (KSD) said it appointed former Securities and Futures Commission standing commissioner Lee Yoon-su as president at an extraordinary shareholders' meeting on the 6th. The new president's term is three years, and official duties began that day.
In his inaugural address that day, President Lee set as KSD's main management directions: ▲ strengthening competitiveness as core infrastructure for the capital market ▲ advancing services for market participants.
Lee emphasized, "We will firmly establish KSD as an institution of capital market infrastructure at an advanced-economy level, and make it an organization where every employee works with pride and a sense of accomplishment."
The scale of securities assets under KSD's management, including stocks, bonds, and funds, currently reaches 9,000 trillion won. On this, Lee said, "Considering new demand, an era of 10 quadrillion won in assets under management will also come," adding, "We must identify future risk factors and proactively address shortcomings to maintain and enhance stability and efficiency."
He also noted that as KSD's scope of work expands to areas such as fractional investment, security token offerings (STOs), digital assets, and electronic general meetings of shareholders, KSD's role and functions will grow. Lee said, "We will focus on improving foreign investors' market access, including inclusion in the Morgan Stanley Capital International (MSCI) developed markets index," and added, "We will actively leverage new technologies such as artificial intelligence (AI) to enhance service convenience for market participants, including domestic and foreign financial institutions and the Bank of Korea."
Lastly, he added, "We will respond swiftly to the changes of the times and build a more trustworthy organization than any other so that KSD becomes synonymous with a workplace where every employee feels light on their feet when coming to work."
Born in 1969, Lee graduated from Gwangseong High School in Incheon and the international economics department at Seoul National University, and earned an MBA from the University of Florida in the United States. He entered public service by passing the 39th higher civil service exam and went on to serve as director of insurance, director of small and medium finance, and director of banking at the Financial Services Commission. He also worked as secretary at the presidential office's senior secretary for economic affairs, head of the capital markets investigation team at the Financial Services Commission, director general of the capital markets bureau, head of the Korea Financial Intelligence Unit (FIU), and commissioner of the Securities and Futures Commission.
He is regarded as a veteran financial bureaucrat with extensive experience in capital market policy and supervision, combining expertise with policy understanding. In particular, while serving as a standing commissioner at the Securities and Futures Commission (SFC), he led the launch of the "joint task force to eradicate stock price manipulation" and the introduction of the "one-strike out" system against unfair trading.