Former Finance Ministry spokesperson Yoo Su-young becomes 4th president

Yoo Su-young, newly appointed as the fourth president of the Korea Credit Information Services, speaks at his inauguration ceremony. (Korea Credit Information Services)
Yoo Su-young, newly appointed as the fourth president of the Korea Credit Information Services, speaks at his inauguration ceremony. (Korea Credit Information Services)

The Korea Credit Information Services said Thursday that it has appointed Yoo Su-young, a former spokesperson for the Ministry of Economy and Finance, as its fourth president.

Yoo, born in 1968, was appointed following a resolution at the organization's general assembly. His three-year term began Thursday. On his first day in office, he toured the organization's departments to greet staff before beginning his official duties.

In his inaugural address, Yoo laid out the expansion of inclusive finance and the shift toward productive finance as key tasks ahead. He particularly stressed that the Korea Credit Information Services should expand its role beyond simply providing financial data. It should become a core piece of infrastructure that links disparate data sets to support the financial industry's transition to AI.

"I will do my utmost to help our organization leap forward from a data-supply function for the financial industry into a future-oriented innovation infrastructure that connects different data sets and accelerates the financial sector's AI transformation," he said.

Yoo also called for stronger communication with the financial industry. He said the organization should widen its contact with the field so it can make a real contribution to solving the problems financial firms face.

He named data protection and security management as another core task. He asked staff to run an airtight security system for the financial data under the organization's management so it can establish itself as a trusted core financial data institution.

Meanwhile, the Korea Credit Information Services is also working to expand infrastructure that supports the financial industry's use of data. Since Aug. 25, it has been running the full-service version of its "climate finance web portal," which supports assessments of compliance with the K-taxonomy, the identification of green companies and follow-up management.


rim@heraldcorp.com