Yoo JaeHoon is the Chairman and President of the

Korea Deposit Insurance Corporation The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation, established in 1996 in South Korea to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance managemen ...

(KDIC). He is also working as ex-officio Commissioner of the

Financial Services Commission (South Korea) The Financial Services Commission (FSC), formerly Financial Supervisory Commission, is South Korean government's top financial regulator. It makes financial policies, and directs the Financial Supervisory Service. The Financial Supervisory Comm ...

, and a member of the Executive Council of the

International Association of Deposit Insurers The International Association of Deposit Insurers (IADI) was formed on 6 May 2002 with the purpose of sharing deposit insurance expertise with the world and contributing to the stability of financial systems as the standard setter for deposit insur ...

(IADI).IADI EXCO members
/ref>

Early life

Yoo has a BA in economics and an MA in public administration from

Seoul National University Seoul National University (SNU; ) is a national public research university located in Seoul, South Korea. Founded in 1946, Seoul National University is largely considered the most prestigious university in South Korea; it is one of the three "S ...

, and an MA (DEA) in international economics at Sciences Po de Paris. He graduated from the Ecole Nationale d'Administration (ENA) in France. He obtained a PhD in economics from

Kyonggi University Kyonggi University (KGU; ) is an accredited, private higher education institution, established in 1947. KGU has over 17,000 students in majors in undergraduate and graduate programs on two campuses. The main campus is in Suwon, located 30 miles f ...

in 2011.

Career

During his 30-year career in public service, he worked on capital market development, financial policy, and international cooperation for developing countries. From 1997 to 2000, Yoo worked as an economist at the

Asian Development Bank The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field office ...

(ADB) in

Manila Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital of the Philippines, and its second-most populous city. It is highly urbanized and, as of 2019, was the world's most densely populate ...

. He served as a senior securities market specialist at the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...

(WB) and

International Finance Corporation The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of t ...

(IFC) between 2005 and 2008. Yoo was the president of the Sciences Po de Paris Korean Alumni Association. He worked as

Spokesperson A spokesperson, spokesman, or spokeswoman, is someone engaged or elected to speak on behalf of others. Duties and function In the present media-sensitive world, many organizations are increasingly likely to employ professionals who have receiv ...

for the

from 2008 to 2009. He worked as s Director General of the Treasury Bureau at the

Ministry of Strategy and Finance (South Korea) The Ministry of Economy and Finance (abbreviated to MOEF) oversees the financial policies of the South Korean government. It publishes a monthly report on the national economy, known as the "Green Book." The current minister is Choo Kyung-ho. The ...

from December 2009 to March 2011. He served as Commissioner of the Securities and Futures Commission (SFC) from April 2012. He worked as Chairman and CEO of

Korea Securities Depository Korea Securities Depository is the central securities depository (CSD) of Korea, providing central custody of securities, book-entry transfer, and settlement of securities transactions. KSD was established in December 6, 1974, under the Securi ...

(KSD) from November 2013 to October 2016. Yoo also worked as Director General and Controller of

Asian Infrastructure Investment Bank The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to improve economic and social outcomes in Asia. The bank currently has 105 members, including 14 prospective members from around the world. The br ...

(AIIB) from 2016 to 2019. From 2017 to 2022, Yoo worked as a member of the International Advisory Council (IAC) of the

China Securities Regulatory Commission The China Securities Regulatory Commission (CSRC) is a government ministry of the State Council of the People's Republic of China (PRC). It is the main regulator of the securities industry in China. History China's first Securities Law was ...

(CSRC). He served as emeritus professor of the Graduate School of Public Administration at Konkuk University in Korea and vice-dean/professor of the China-Japan-Korea Research Institute at Shandong University of Finance and Economics in China from 2019 to 2022.

Social Work

He has been actively engaged in several social works including Asia Future Institute (Chairman, 2016-2019, public diplomacy), Global Overseas Adoptees' Link (Chairman, 2016-2019, volunteer) and China Capital Market Society (Founding Chairman, 2009-2019, financial research) in Korea.

Publications

Yoo's publications include ''The Korean Bond Market: The Next Frontiers'' (2008) and ''Development Strategy for China Capital Market'' (2008). He published the papers ''Financing Innovation: How to Build an Efficient Exchange for Small Firms'' (2008) and ''Study on the Financial Characteristics and Financing Patterns of Innovative Firms'' (2011). He wrote a book ''“Creating an Artificial Sun'' (2016)''”'' that sheds light on Korea’s capital market development.

Major Activities

KDIC Chairman Yoo appeared in the video of the World Bank FCI Seoul Center's 10th anniversary celebration

KDIC Chairman Met with World-renowned Scholar Philip Dybvig

KDIC Chairman JaeHoon Yoo Delivered Congratulatory Remarks at the WB (World Bank) Webinar

KDIC Chairman JaeHoon Yoo attended the European Forum of Deposit Insurers (EFDI) Conference held in Nice, and delivered a presentation titled "Geopolitical Risks and KDIC's Response"

''Infostock daily'', November 11, 2022. * ttp://www.newsworld.co.kr/detail.htm?no=9404 Ex-KSD Chairman Yoo Jae-hoon Takes Helm of KDIC''NewsWorld'', November 26, 2022.
KDIC aims to expand scope of deposit insurance
''

The Korea Times ''The Korea Times'' is the oldest of three English-language newspapers published daily in South Korea. It is a sister paper of the ''Hankook Ilbo'', a major Korean language daily; both are owned by Dongwha Enterprise, a wood-based manufacturer ...

'', March 8, 2023.
KDIC considering expansion of deposit insurance
''Korea News Plus'', March 9, 2023.

''

'', March 14, 2023.
Established memorandum of understanding of cooperation with Korea Deposit Insurance Corporation
''Financial Regulatory Commission'', June 28, 2023.
The long-term goal of Mongolia is to introduce a "Differentiated Fee System"
''24tsag.mn'', June 28, 2023.
Korea Deposit Insurance Corporation visited the CDIC on 25 August 2023
''Central Deposit Insurance Corporation'', August 31, 2023.
Deposit Insurance of Vietnam's delegation visited and worked at Korea Deposit Insurance Corporation
''Deposit Insurance of Vietnam'', September 12, 2023.

''Federal Deposit Insurance Corporation'', September 26, 2023. * ttps://adif.gov.az/az/news/emanetlerin-sigortalanmasi-fondu-beynelxalq-emekdashliqlarini-genishlendirir The Deposit Insurance Fund is expanding its international cooperation''Azerbaijan Deposit Insurance Foundation'', October 13, 2023.
Fund visited KDIC
''Fund of Guarantee Citizens' Deposits in Banks Republic of Uzbekistan'', November 6, 2023.
International Association of Deposit Insurers - Asia-Pacific Regional Committee Workshop: "Enhancing the role of deposit insurers in early detection and timely intervention"
''Deposit Insurance of Vietnam'', November 10, 2023.
The goal is depositor protection and system health
''Dai Bieu Nhan Dan'', November 10, 2023.

''Quichoi TV'', November 10, 2023.
Strengthening Insurance Supervision, OJK Collaborates with Two Korean Institutions
''Otoritas Jasa Keuangan'', December 7, 2023.

''TheKoreaTimes'', December 8, 2023.

''Global News Network'', December 21, 2023.
Meeting was held with the Korea Deposit Insurance Corporation Representatives
''Financial Regulatory Commission'', January 23, 2024.

''TheKoreaTimes'', February 23, 2024.
Workshop on the Law on Deposit Insurance - Experience of Korea Deposit Insurance Corporation
''Deposit Insurance of Vietnam'', July 9, 2024.
Deposit Insurance of Vietnam co-organizes the 2024 Vietnam International Conference in Finance
''Deposit Insurance of Vietnam'', July 12, 2024.

References