President Lee Appoints Park Dongil as Industry Vice Minister, Shin Jinchang as Financial Services Commission Vice Chairman

President Lee Jae-myung appointed Park Dongil, head of the Industrial Policy Office at the Ministry of Trade, Industry and Energy, as vice minister of the ministry, and Shin Jinchang, secretary general of the Financial Services Commission, as vice chairman of the commission on October 16, Senior Presidential Spokesperson Kang Yujeong said.

In a written briefing on Friday, Kang said, "Vice Minister Park is an industrial policy expert who has served in key posts, including director general for manufacturing industry policy, and gained broad experience in planning and coordinating industrial policy as well as supporting key manufacturing sectors on the ground."

Park Dongil, Vice Minister of Trade, Industry and Energy (left), and Shin Jinchang, Vice Chairman of the Financial Services Commission.

She added, "(Vice Minister Park) has consistently demonstrated a strong understanding of industrial sites and an ability to coordinate public-private cooperation, including by smoothly leading a public-private task force to implement large-scale investment plans in the Chungcheong region. We expect him to swiftly advance industrial policies that people can feel, such as securing a decisive edge in future strategic industries, creating quality jobs through manufacturing innovation, and driving industry-led regional transformation."

Kang also described Vice Chairman Shin as "an economic official with deep insight into financial markets and industry, having served in key posts such as director general of the Financial Policy Bureau and director general of the Financial Industry Bureau." She added that "with outstanding drive and a keen understanding of conditions on the ground, he has demonstrated his expertise across the financial sector, including in stabilizing funding markets after the Middle East war, providing financial support for ordinary people and small business owners, and shaping real estate financial policy."

She stressed that he was "the right person to lead compassionate, inclusive finance that saves lives while completing the transition to productive finance that helps the economy."

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