ASIFMA Annual Conference 2025
17 February 2025, Hong Kong
Seong II Choi
Deputy Governor
Financial Supervisory Service, Korea
Choi Seong IL is the Deputy Governor responsible for coordination and general affairs. He was appointed to the post on November 20, 2017, by Governor of the Financial Supervisory Service pursuant to article 29(3) of the Act on the Establishment of the Financial Services Commission. He serves a three-year term, which may be renewed once.
Mr. Choi started his financial supervision career in February 1987 at the Bank of Korea and moved to the Financial Supervisory Service in July 2000. After working as a team head at the Nonbank Supervision Department in May 2003 and the Supervision Coordination Department in April 2004, he received a secondment assignment at the Federal Reserve Bank of New York in August 2005 and at the Office of the President in March 2008. In May 2013, he headed the Banking Supervision Department and led Korea’s Basel III implementation. When he became Director General in charge of supervision coordination in February 2015, Mr. Choi contributed to supervisory reform initiatives aimed at encouraging creative entrepreneurship and self-discipline of the financial industry. Immediately prior to his post, he was Senior Director General of the IT & Financial Information Protection Department. Mr. Choi earned a B.A. in economics from Seoul National University in 1987, an M.B.A. from the University of Chicago Booth School of Business in 2000, and a Ph.D. in finance from Chung-Ang University in 2016.
