President Lee appoints Park Dong-il industry vice minister and Shin Jin-chang FSC vice chairman

President Lee Jae-myung appointed Park Dong-il, the current industrial policy chief at the Ministry of Trade and Industry, as vice minister of trade and industry. He appointed Shin Jin-chang, the current secretary-general of the Financial Services Commission, as its vice chairman.

Vice Minister Park previously held posts including manufacturing industry policy director, working on industrial policy planning and coordination and the development of major manufacturing industries. He recently led a public-private task force to implement large-scale investment plans in the Chungcheong region.

Senior spokesperson Kang said she expected Park to advance industrial policies swiftly, including securing a substantial lead in future strategic industries, promoting manufacturing innovation and creating jobs through region-led industrial transformation.

Vice Chairman Shin previously served as financial policy bureau chief and financial industry bureau chief. His work has included stabilizing funding markets after the Middle East war, providing financial support for ordinary people and small business owners, and real estate finance policy.

Senior spokesperson Kang described Shin as the right person to lead inclusive finance and complete the transition to productive finance.