Overview
Mr. Seong IL Choi is an expert in the field of financial regulation and supervision, having previously served as a senior deputy governor of the Financial Supervisory Service. Currently, Mr. Choi provides advice on the overall sound management and supervisory response of financial companies, including banks. While serving as a senior deputy governor of the Financial Supervisory Service, he oversaw the supervision and inspection of banks and small and medium-sized financial institutions for low-income individuals. During his tenure as a deputy governor, Mr. Choi coordinated the supervision and inspection functions of the entire financial sector, including banks, insurance companies, and securities companies, and oversaw sanctions and deliberations. Mr. Choi also served as the director of the Bank Supervision Department, the director of the Supervision Coordination Department, and the head of the IT Financial Information Protection Team, taking charge of major current issues such as the introduction of Basel III regulations, the reform of the financial inspection system, and the promotion of fintech policies. After retiring from the Financial Supervisory Service, Mr. Choi conducted research on financial regulation, financial stability, and financial innovation at the Korea Development Institute (KDI) and the Korea Insurance Research Institute.