Kim Jabong of the Korea Institute of Finance Appointed as New Standing Commissioner of Fair Trade Commission

The Korea Fair Trade Commission announced on October 2 that it will appoint Kim Jabong, Senior Research Fellow at the Korea Institute of Finance, as its new Standing Commissioner.

Kim, the newly appointed Standing Commissioner, joined the Korea Institute of Finance in 1996 and has since served as researcher, associate research fellow, research fellow, and senior research fellow. He has also been active on the Fair Trade Commission's Policy Advisory Board, the Financial Services Commission's Inclusive Finance Strategy Task Force, the Ministry of Strategy and Finance's Fiscal Policy Advisory Committee, the Office for Government Policy Coordination's Policy Evaluation Committee, as president of the Banking Law Association, and as chairperson of the Private Financial Council, among other roles.

He is recognized as one of the country's leading experts in areas such as fair market economy, co-prosperity, big tech, fintech, the separation of finance from industry, productive and inclusive finance, and basic financial rights, based on his consistent research in these fields.

He holds doctoral degrees in economics and law from the State University of New York, UCLA, and Korea University. With over 30 years of experience in financial policy research, he is regarded as a multidisciplinary expert with outstanding ability to analyze policy issues from theoretical, empirical, and legal perspectives and to propose feasible policy recommendations.

The Fair Trade Commission stated, "Kim has contributed by participating in various government advisory panels, ensuring research outcomes are reflected in actual policy formation processes. His extensive experience in policy debates and seminars is also expected to greatly enhance the expertise of future Fair Trade Commission adjudications."

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