Chanjin Lee, FSS Governor, Visits Military Again: "Manage Assets, Not Gamble"

Special Lecture on Preventing Illegal Gambling and Asset Management at the 2nd Operations Command

Supporting Young AI Talent and Venture Startups in Daegu

Chanjin Lee, Governor of the Financial Supervisory Service, continued his field-oriented activities by conducting financial education for military personnel in Daegu and visiting sites dedicated to fostering young AI finance talent.

Lee Chan-jin, Financial Supervisory Service Commissioner, Yonhap News Agency

According to the Financial Supervisory Service on July 8, Governor Lee visited the Republic of Korea Army 2nd Operations Command in Suseong-gu, Daegu, that afternoon, where he provided financial education for military personnel under the theme “Preventing Illegal Gambling Damages Among Soldiers and Sound Asset Management.”

During his special lecture, Governor Lee explained, in a straightforward and example-based manner, how to manage salaries using the Soldiers Tomorrow Savings program, the principles of sound investment, and key precautions. He particularly highlighted the realities and legal consequences of illegal gambling, emphasizing its dangers, and also presented practical measures to resist the temptation of gambling in daily life.

He stated, “By systematically managing the salary received during military service, you can lay the groundwork for financial independence after discharge,” adding, “It is crucial to be especially cautious to avoid exposure to risky investments through excessive borrowing or falling victim to financial crimes.”

Governor Lee has been dedicated to financial education for military personnel. In March, he visited the Recruit Training Battalion of the 31st Infantry Division in Buk-gu, Gwangju, to conduct financial education, and has now returned to provide another session for military personnel after about four months.

Recently, as high-interest loans and illegal private lending for stock investments and online gambling have become more widespread among military personnel, financial authorities are focusing their efforts on preventive education and institutional improvements. The Financial Supervisory Service plans to completely ban loans from private lenders to active-duty soldiers as early as September.

Following Governor Lee's lecture, one-on-one customized financial counseling sessions were conducted by a Certified Financial Planner (CFP) affiliated with the Financial Supervisory Service.

A representative from the Financial Supervisory Service stated, “Going forward, the FSS will continue to provide systematic financial education to military personnel and work to support their bright financial futures.”

Earlier that day, Governor Lee attended the launch ceremony for a youth talent development project held at the iM Bank 2nd Headquarters in Daegu, where he emphasized the role and importance of young talent in the financial industry amid the AI transformation (AX) era.

Governor Lee commented, “As the financial market is undergoing significant changes due to AI transformation and enhanced sustainability, it is important to foster local youth talent to secure the competitiveness of future finance. I hope young people will not only acquire innovative technologies such as AI, but also reflect on the role of finance in supporting inclusive finance and the sustainable growth of our economy.”

Afterward, together with Byungwoo Hwang, Chairman of iM Financial, Governor Lee visited Unicorn Lab and Fium Lab—spaces dedicated to nurturing ventures and startups in the Daegu area—where he held a meeting with representatives of resident companies. At this meeting, Governor Lee listened to the challenges faced by ventures and startups and pledged support for the development of innovative products and services.

This content was produced with the assistance of AI translation services.