Daejeon Appoints Jeon Yong-seok to Head Credit Guarantee Foundation

Society|
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By Park Hee-yoonhypark@sedaily.com
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Daejeon Mayor Huh Tae-jung (right) presents a letter of appointment to Jeon Yong-seok (left), chairman of the Daejeon Credit Guarantee Foundation, and poses for a photo. Photo courtesy of Daejeon City - Seoul Economic Daily Society News from South Korea
Daejeon Mayor Huh Tae-jung (right) presents a letter of appointment to Jeon Yong-seok (left), chairman of the Daejeon Credit Guarantee Foundation, and poses for a photo. Photo courtesy of Daejeon City

DAEJEON — The Daejeon Metropolitan Government said on the 18th that it presented a letter of appointment to Jeon Yong-seok as the 11th chairman of the Daejeon Credit Guarantee Foundation.

Jeon graduated from Namdaejeon High School and studied public administration at Chungnam National University. He built his career in regional finance and management, serving as head of Nonghyup's Daejeon regional headquarters and as a standing director at the Korea Poultry Farmers Cooperative.

The city said it expects that experience to strengthen the foundation's role in providing financial support and credit guarantees to small business owners and small and midsize enterprises in the region.

"We will expand tailored financial support and credit guarantees to build a Daejeon Credit Guarantee Foundation that bolsters the local economy," Jeon said.

Original reporting by Park Hee-yoon for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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