Jeyoon Shin passed the National Higher Civil Service Examination on Government Administration with the highest score in 1980. Starting his career as a public official at the Ministry of Finance in 1981, Mr. Shin held many key posts there, gaining experience in all banking and financial fields. He is considered as one of the best professionals with extensive expertise encompassing not only the domestic financial system, particularly related to banking, securities, and insurance, but also the international financial system related to, among others, foreign exchange and trade.
In the 2005 negotiations over the Korea-US Free Trade Agreement (FTA), Mr. Shin served as chief delegate of Korea for the financial service sector. During the 2008 global financial crisis, he succeeded in establishing currency swap arrangements with US, Japan, and China, thereby making a crucial contribution to Korea overcoming the then foreign exchange crisis. In 2010, he chaired the G20 Finance Deputies’ Meeting, where a new post-crisis financial architecture was established. He then served as the vice chairman of the Financial Services Commission (FSC) in 2011, served as first vice minister of the Ministry of Finance and Strategy from 2011 through 2013, and led the FSC as the fourth chairman from March 2013 to March 2015.
After finishing his career as a public official, Mr. Shin became the first Korean in July 2015 to serve as president of the Financial Action Task Force (FATF) for anti-money laundering and counter-terrorist financing, an international organization based in Paris, France, in which his tenure continued until June 2016. From February 2017 to 2018, he worked as ambassador for international financial cooperation. Mr. Shin not only has excellent knowledge and experience in the fields of financial affairs, but also has a good network with the international organizations, foreign governments, and academia.