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Euh Yoon-dae
Euh Yoon-Dae (born 1945) is a South Korean professor, financier, and advisor for the South Korean government. He served as Chairman of KB Financial Group and of the Presidential Council on Nation Branding, Korea. Childhood and Education Euh was born in Jinhae city (now Changwon), Gyeongsangnam-do, Korea on 22 May 1945. He earned his B.A. and M.B.A. at Korea University, an M.B.A. at the Asian Institute of Management, and a Ph.D. in business administration at the University of Michigan. He has received honorary doctorate degrees at Yonsei University, Waseda University, Griffith University and Renmin University. Career Recently, Euh Yoon-Dae served as Chairman of KB Financial Group, Korea's second largest banking group. He was also the first Chairman of the Presidential Council on Nation Branding, Korea from its establishment in January 2009 to 2010. A former President of Korea University (2003~2006), Euh also served in various advisory roles for the South Korean government. ...
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Hangul
The Korean alphabet, known as Hangul, . Hangul may also be written as following South Korea's standard Romanization. ( ) in South Korea and Chosŏn'gŭl in North Korea, is the modern official writing system for the Korean language. The letters for the five basic consonants reflect the shape of the speech organs used to pronounce them, and they are systematically modified to indicate phonetic features; similarly, the vowel letters are systematically modified for related sounds, making Hangul a featural writing system. It has been described as a syllabic alphabet as it combines the features of alphabetic and syllabic writing systems, although it is not necessarily an abugida. Hangul was created in 1443 CE by King Sejong the Great in an attempt to increase literacy by serving as a complement (or alternative) to the logographic Sino-Korean ''Hanja'', which had been used by Koreans as its primary script to write the Korean language since as early as the Gojoseon period (spanni ...
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Master Of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalized program. MBA programs in the United States typically require completing ...
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Hyundai Corporation
Hyundai Corporation () is a South Korean company founded in 1976 as part of the Hyundai ''chaebol''. It is a general trading company providing export and import services with a wide variety of products including marine vessels, industrial plants and machinery, commercial automobiles and rolling stock, steel, chemical products, and general commodities. Hyundai Corporation owns Qingdao Hyundai Shipbuilding in China. It also owns in partnership with POSCO Pos-Hyundai Steel (steel trading & coil service center) at Irungattukottai near Chennai, India. It has 32 worldwide offices. In December 2009, Hyundai Heavy Industries (once a sibling company in Hyundai) purchased a 50% plus-one-share majority stake in Hyundai Corporation, and installed new management on January 1, 2010. Hyundai Corporation recorded sales of ₩41,000,000,000,000 in 2001. It was the highest sales in Korea as a company. Hyundai Corporation was awarded US$25,000,000,000 Export-Tower Award, due to its export was ...
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Korea First Bank
Standard Chartered Korea (officially Standard Chartered Bank Korea Limited, formerly SC First Bank, Hangul: SC제일은행) is a banking and financial services company headquartered in Seoul, South Korea and a wholly owned subsidiary of Standard Chartered. It was created by the acquisition of the former Korea First Bank by Standard Chartered in 2005. History The bank started as Joseon Deposit Bank () in 1929. In may of 1950, it changed its name to Korea Deposit Bank (). In 1954, it made an acquisition of branches of the Korean Bank for Nurturing Industries (; a predecessor to Korea Development Bank). The bank was nationalized in 1961 by the military government. It became one of the 5 largest commercial banks in South Korea but it fell into financial trouble during the 1997 Asian financial crisis. It was acquired by Standard Chartered in 2005.https://encykorea.aks.ac.kr/Contents/CategoryNavi?category=field&keyword=%EA%B2%BD%EC%A0%9C%C2%B7%EC%82%B0%EC%97%85/%EA%B2%BD%EC%A0%9C&ridx ...
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The Bank Of Korea
The Bank of Korea (BOK; ) is the central bank of the Republic of Korea and issuer of Korean Republic won. It was established on 12 June 1950 in Seoul, South Korea. The bank's primary purpose is price stability. For that, the bank targets inflation. The 2016–18 target is consumer price inflation of 2.0%. History 1945-1970 The Bank of Korea was established on June 12, 1950 under the Bank of Korea Act. Following liberation on August 15, 1945, the Korean economy was plunged into turmoil. Tackling the severe inflation and financial disorder brought about by an acute shortage of resources and the division of the country along the 38th parallel was the immediate priority. In this situation, discussions raged across the country on establishing a central bank for the Republic of Korea and Dr. A.I. Bloomfield, dispatched from the Federal Reserve Bank of New York, drafted the Bank of Korea Act. Based on this draft, the Bank of Korea Act was passed in May 1950 and the bank launched it ...
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South Korean Won
The Korean Republic won, unofficially the South Korean won ( Symbol: ₩; Code: KRW; Korean: 대한민국 원) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates. The currency is issued by the Bank of Korea, based in the capital city of Seoul. Etymology The old "won" was a cognate of the Chinese yuan and Japanese yen, which were both derived from the Spanish-American silver dollar. It is derived from the hanja (, ''won''), meaning "round", which describes the shape of the silver dollar. The won was subdivided into 100 ''jeon'' (), itself a cognate of the Chinese unit of weight mace and synonymous with money in general. The current won (1962 to present) is written in hangul only and does not officially have any hanja associated with it. First South Korean won History The Korean won, Chinese yuan and Japanese yen were ...
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Korea Investment Corporation
The Korea Investment Corporation (KIC; ) is a sovereign wealth fund established by the government of South Korea in 2005. Its mission is to preserve and enhance the long-term purchasing power of South Korea's sovereign wealth (foreign reserves) through efficient management of public funds in the international financial markets. KIC manages assets entrusted by the Government, the Bank of Korea The Bank of Korea (BOK; ) is the central bank of the Republic of Korea and issuer of Korean Republic won. It was established on 12 June 1950 in Seoul, South Korea. The bank's primary purpose is price stability. For that, the bank targets in ..., and other public funds as defined under the National Finance Act. KIC directly invests the entrusted assets or re-entrusts the assets to external managers. KIC's Total assets under management stood at US$131.6 billion at the end of the fourth quarter of 2018. Vision To be a top sovereign wealth fund that serves as a cornerstone for the nat ...
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Ministry Of Foreign Affairs And Trade (South Korea)
South Korea's Ministry of Foreign Affairs (MOFA) is in charge of foreign relations of South Korea, the country's foreign relations, as well as handling matters related to Korean diaspora, overseas Korean nationals. It was established on 17 July 1948. Its main office is located in the MOFA Building in Jongno District, Seoul. The ministry previously had its headquarters in a facility in Doryeom-dong in Jongno District. History The Ministry of Foreign Affairs was created in 1948 following the Government Organisation Law under the Syngman Rhee, Rhee Syng-man administration. It undertook matters of foreign policy, protection of overseas Korean nationals, international economy, treaties, diplomacy and the assessment of international and overseas public relations. The top priority for the Ministry was initially to focus on the “international recognition of the new Korean government as the only legitimate one on the Korean peninsula”. Shortly after the Ministry was established, overs ...
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Korea Development Bank
Korea Development Bank (KDB Bank, SWIFT: KODBKRSE) is a wholly state-owned policy development bank in South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage major industrial projects to expedite industrial development of Korea. As a 61st biggest global bank (The Banker Top 1000 World Bank List in 2018), KDB Bank has not only fostered the growth of strategic industries but also facilitates the turnaround of troubled companies through restructuring and provides capital for strategic development projects. Since 2000, it has diversified into investment banking services and operates as a CIB (Commercial and Investment Bank). Nevertheless, it is a major restructuring player and has saved a lot of big companies during major financial crisis, especially in 1997 Asian financial crisis and Financial crisis of 2007–2008. Offices (as of December 2018) Domestic Branch : 69 locations in South Korea International Subsidiary (5) : China (Hon ...
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Bank Of Korea
The Bank of Korea (BOK; ) is the central bank of the Republic of Korea and issuer of Korean Republic won. It was established on 12 June 1950 in Seoul, South Korea. The bank's primary purpose is price stability. For that, the bank targets inflation. The 2016–18 target is consumer price inflation of 2.0%. History 1945-1970 The Bank of Korea was established on June 12, 1950 under the Bank of Korea Act. Following liberation on August 15, 1945, the Korean economy was plunged into turmoil. Tackling the severe inflation and financial disorder brought about by an acute shortage of resources and the division of the country along the 38th parallel was the immediate priority. In this situation, discussions raged across the country on establishing a central bank for the Republic of Korea and Dr. A.I. Bloomfield, dispatched from the Federal Reserve Bank of New York, drafted the Bank of Korea Act. Based on this draft, the Bank of Korea Act was passed in May 1950 and the bank launched it ...
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Renmin University
The Renmin University of China (RUC; ) is a national key public research university in Beijing, China. The university is affiliated to the Ministry of Education, and co-funded by the Ministry and the Beijing Municipal People's Government. RUC is designated as a Class A Double First Class University of the Double First Class University Plan and was also funded by Project 985 and Project 211 and is considered the most prestigious university for arts and humanities and social sciences in China. It is also a member of Worldwide Universities Network, the Asia-Pacific Association for International Education, and Beijing-Hong Kong Universities Alliance. According to the 2021 QS World University by Subject, the Renmin University of China was ranked among the top 40 in the world for Philosophy, top 51 in legal studies and law, top 80 in "Social sciences and Management", and top 100 in "Arts and Humanities" related subjects. According to the Financial Times, the Renmin Business Schoo ...
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Griffith University
Griffith University is a public research university in South East Queensland on the east coast of Australia. Formally founded in 1971, Griffith opened its doors in 1975, introducing Australia's first degrees in environmental science and Asian studies. The university is named after Sir Samuel Walker Griffith, who was twice Premier of Queensland and the first Chief Justice of the High Court of Australia. Sir Samuel Griffith played a major role in the Federation of Australia and was the principal author of the Australian constitution. Opening at Nathan as a single campus of 451 students, the University now has five campuses spanning three cities, the largest of which are the Gold Coast campus at Southport and the Nathan campus in Brisbane. The Mount Gravatt and South Bank campuses are also located in Brisbane, while the Logan campus is at Meadowbrook. Griffith has about 50,000 students and offers a full suite of undergraduate, postgraduate and research degrees in the areas of ...
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