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Hee-soo Jung, Director of the Insurance Training Institute, as the next head of the Life Insurance Association(Image)This has been proposed.
According to the insurance industry on the 26th, the Life Insurance Association’s presidential candidate recommendation committee held a second meeting and unanimously recommended Chung as the sole candidate for the next president.
As the former head of the Financial Supervisory Commission, Jin Woong-seop, who was initially mentioned as the lead candidate, the controversy over Gwanpia arose and, following his intention to take the test, Chung was selected as the lead candidate. .
Hoe-Chu-Wee is made up of 7 members including representatives from five directors, including Samsung Life Insurance, Hanwha Life Insurance, Kyobo Life Insurance, NH Nonghyup Life Insurance and Mirae Asset Life Insurance, and external recommendation members such as Jang Dong- han President of the Insurance Society and Sung Joo-ho, Chairman of the Risk Management Association.
The Life Insurance Association will hold a general meeting of employees on the 4th of next month and will make a final decision on the association’s next president by voting for and against President Chung.
Born in 1953, Director Chung is a graduate of Daegu Sang High School and Sungkyunkwan University and a Ph.D. in Economics from the University of Illinois, USA.
As a former 17th to 19th member of the National Assembly (Yeongcheon) of the Saenuri Party, he was chairman of the Planning and Finance Committee from 2014 to 2016. In 2017 he moved to the Democratic Party and joined part of the Moon Jae-in camp, and has been the head of the Insurance Training Institute since late 2018.
Director Chung’s term is until December 12, 2021, and if elected president of the Life Insurance Association, he will remain vacant until the next director is selected.
An industry insider said, “As the environment surrounding the insurance industry is challenging, we expect to become a leader who can seek the industry’s path by suggesting policies and systems that can empower the industry.”
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