KOREA WHO
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Chairman of Woori Financial Group
Yim Jong-ryong
Former Bureaucrat Turned Group Chairman Twice, Internal Control Promises Broken Amid Financial Scandals
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Last Updated on Jan 8, 2025
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Chairman of Woori Financial Group
Life Summary
Yim Jong-ryong is the Chairman and CEO of Woori Financial Group.
He is working to restore customer trust damaged by financial incidents within Woori Financial Group and is strengthening the group's non-banking portfolio.
He was born on August 3, 1959, in Boseong, South Jeolla Province.
He graduated from Youngdong High School in Seoul and earned a degree in Economics from Yonsei University. He pursued a master's program in Public Administration at Seoul National University's Graduate School of Public Administration and obtained a master's degree in Economics from Oregon State University.
He entered public service by passing the 24th Administrative Examination.
He served in various roles at the Ministry of Finance and Economy, including as Director of the Banking System Division, Securities System Division, Comprehensive Policy Division, and Financial Policy Bureau, and worked as an Economic Secretary in the Presidential Office.
After serving as the first Vice Minister of the Ministry of Strategy and Finance, he concluded his public service career as Chief Secretary of the Prime Minister's Office.
He returned to public service as Chairman of NH NongHyup Financial Group and later as Chairman of the Financial Services Commission.
He also served as a Special Professor at Yonsei University's Graduate School of Economics and as an Advisor at Yulchon LLC before being appointed Chairman of Woori Financial Group in 2023.
He is known for his outstanding mediation skills, earning him the nickname "Zhuge Liang of Finance."
#YimJongryong #WooriFinancialGroup #finance #SouthKorea #economicpolicy #publicservice #nonbankingportfolio #customertrust #NHNongHyup #financialleadership
He is working to restore customer trust damaged by financial incidents within Woori Financial Group and is strengthening the group's non-banking portfolio.
He was born on August 3, 1959, in Boseong, South Jeolla Province.
He graduated from Youngdong High School in Seoul and earned a degree in Economics from Yonsei University. He pursued a master's program in Public Administration at Seoul National University's Graduate School of Public Administration and obtained a master's degree in Economics from Oregon State University.
He entered public service by passing the 24th Administrative Examination.
He served in various roles at the Ministry of Finance and Economy, including as Director of the Banking System Division, Securities System Division, Comprehensive Policy Division, and Financial Policy Bureau, and worked as an Economic Secretary in the Presidential Office.
After serving as the first Vice Minister of the Ministry of Strategy and Finance, he concluded his public service career as Chief Secretary of the Prime Minister's Office.
He returned to public service as Chairman of NH NongHyup Financial Group and later as Chairman of the Financial Services Commission.
He also served as a Special Professor at Yonsei University's Graduate School of Economics and as an Advisor at Yulchon LLC before being appointed Chairman of Woori Financial Group in 2023.
He is known for his outstanding mediation skills, earning him the nickname "Zhuge Liang of Finance."
#YimJongryong #WooriFinancialGroup #finance #SouthKorea #economicpolicy #publicservice #nonbankingportfolio #customertrust #NHNongHyup #financialleadership