Korea Exchange (KRX) said on the 11th it recommended Kim Woo-chan, a Korea University business school professor, as a candidate for KOSDAQ market Chairperson.

Kim Woo-chan, professor at the Korea University Business School, is recommended as a candidate for KOSDAQ Market Committee Chair. /Courtesy of Korea Exchange (KRX)

The exchange held the 11th KOSDAQ Market Committee meeting that afternoon and made the decision.

The exchange described Kim as "an expert in corporate governance with expertise in finance and financial economics who served as deputy director and Operating Committee Chairperson at the Center for Good Corporate Governance, head of the Economic Reform Research Institute, and head of the Economic Reform Alliance."

Meanwhile, Kim is set to be appointed as KOSDAQ market Chairperson at the second extraordinary shareholders meeting of the exchange on the 6th.

Kim earned a bachelor's degree in international economics from Seoul National University in 1991, then completed a master's and a doctorate in public policy at Harvard University. In 1992, Kim served as an administrative officer in the International Organizations Division at the Ministry of Finance, and in 1999 worked as an administrative officer in the Foreign Currency Funds Division at the Ministry of Finance and Economy.

Kim later served as a professor at the KDI School of Public Policy and Management and head of the Economic Reform Research Institute, and is currently a Korea University business school professor, an advisor in the growth economy subcommittee of the National Economic Advisory Council, head of the Economic Reform Alliance, Chairperson of the Financial Supervisory Service's Financial Supervision Advisory Committee, and an outside director at Korea Development Bank (KDB).

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