Lee appoints new vice industry minister, deputy chief of financial watchdog

The Korea Times - Oct 16, 2026

President Lee Jae Myung on Friday appointed a new vice industry minister and a new deputy chief of the Financial Services Commission (FSC). Park Dong-il, a senior official at the Ministry of Trade, Industry and Resources, was named vice minister, while Shin Ji-chang, a senior FSC official, was appointed the commission's vice chairman, presidential spokesperson Kang Yu-jung said. Kang described Park as an industry policy expert with extensive experience in planning and coordinating industrial policies, expressing hope that he would play a role in spearheading the country's push to achieve unrivaled leadership in future strategic industries. The presidential spokesperson portrayed Shin as a career official well versed in the financial and industrial sectors, with expertise in financial programs for low-income people and small merchants, as well as the housing market.

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