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| The Financial Supervisory Service building headquarters in Yeouido, Seoul. Yonhap |
By Yoon Ja-young
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| Kim Yong-beom / Yonhap |
According to aides from the transition team, Rep. Choo Kyung-ho of the main opposition People Power Party (PPP) is almost certain to be named as the deputy prime minister for the economy,?while former Vice Minister of Economy and Finance Choi Sang-mok is expected to become the chairman of the FSC.
The FSS Governor is a vice minister-level position and is in charge of overseeing financial services firms across the entire financial sector.
Among those mentioned as candidates to lead the FSS is Kim Yong-beom, a former vice minister of economy and finance. He served at both the finance ministry and the FSC.
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| Lee Chan-woo / Korea Times file |
However, some say there remains a possibility of current FSS Governor Jeong Eun-bo remaining in his position even after Yoon's inauguration, after considering that it has been less than a year since he took office in August 2021.
There also is the possibility of Yoon picking an expert from the private sector, such as a professor.
