Euh Yoon-dae

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Euh Yoon-Dae
Hangul: 어윤대
Hanja: 魚允大
Born (1945-05-22) 22 May 1945 (age 78)
NationalitySouth Korean
Alma materKorea University
Asian Institute of Management
University of Michigan
Occupation(s)Professor emeritus, Korea University
Korean name
Hangul
어윤대
Hanja
Revised RomanizationEo Yundae
McCune–ReischauerŎ Yundae

Euh Yoon-Dae (born 1945) is a South Korean professor, financier, and advisor for the South Korean government. He served as Chairman of KB Financial Group and of the Presidential Council on Nation Branding, Korea.

Childhood and Education[edit]

Euh was born in Jinhae (now Changwon), South Gyeongsang Province, Korea, Empire of Japan on 22 May 1945. He earned his B.A. and M.B.A. at Korea University, an M.B.A. at the Asian Institute of Management, and a Ph.D. in business administration at the University of Michigan. He has received honorary doctorate degrees at Yonsei University, Waseda University, Griffith University and Renmin University.[1]

Career[edit]

Recently, Euh Yoon-Dae served as Chairman of KB Financial Group, Korea's second largest banking group. He was also the first Chairman of the Presidential Council on Nation Branding, Korea[2] from its establishment in January 2009 to 2010.

A former President of Korea University (2003~2006),[3] Euh also served in various advisory roles for the South Korean government. He was also former Vice-Chair of the National Economic Advisory Council, Chairman of Advisory Board of the Ministry of Education and Human Resources, and sat on the Public Fund Oversight Commission. He served as a Monetary Board Member of the Bank of Korea as well as a Board Member of the Korea Development Bank. From 1993 to 2004, he served as Policy Advisor for the Ministry of Foreign Affairs and Trade. He was also Chairman of the Steering Committee of Korea Investment Corporation (KIC), responsible for setting policies and reviewing management performance.[4] Euh was founding President of the Korea Center for International Finance, established in 1999. He previously headed the Korean Academic Society of Business Administration and Korea Monetary and Finance Association.

Korea University (President): 2003~2006[edit]

During his presidency (2003~2006), 12,000 seats were secured within the library (the largest number of library seats amongst Korean universities), one third of classes were conducted in English, the number of foreign exchange students increased sharply, and modern buildings and shopping malls were built.[5] Despite much advancement, Euh failed to be reelected as president.

Presidential Council on Nation Branding (Chairman): 2009 ~ 2010[edit]

Euh Yoon-Dae was chairman of the Presidential Council on Nation Branding.[6] He was appointed to this position in January 2009.[7]

The Council was established on January 22, 2009 by Executive Decree 21283 with the objective to promote South Korea's global image; to right misconceptions about South Korea, its culture, its products, and its people; and to raise respect for South Korea so as to support South Korean businesses and nationals abroad through governmental initiated strategies and policies.[8]

KB Financial Group (Chairman): 2010 ~ 2013[edit]

Euh Yoon-Dae was inaugurated as Chairman of KB Financial Group[9] on July 13, 2010. In his inaugural speech, Euh said the Group needed to slim down and cut costs to achieve its vision of becoming a global bank,[10] and he has launched reforms since then.[11][12]

References[edit]

  1. ^ "Global KU - Frontier Spirit". Archived from the original on 25 July 2011. Retrieved 21 July 2010.
  2. ^ "koreabrand.net". www.koreabrand.net. Archived from the original on 9 March 2012. Retrieved 9 April 2018.
  3. ^ "Global KU - Frontier Spirit". Archived from the original on 25 July 2011. Retrieved 21 July 2010.
  4. ^ "Global KU - Frontier Spirit". Archived from the original on 25 July 2011. Retrieved 21 July 2010.
  5. ^ "고려대학교". Korea University (in Korean). Retrieved 9 April 2018.
  6. ^ "koreabrand.net". www.koreabrand.net. Retrieved 9 April 2018.
  7. ^ "Korea Be Inspired Selected as New Tourism Slogan". The Korea Times. 1 February 2010. Retrieved 7 February 2023.
  8. ^ "국가브랜드위원회 출범…위원장에 어윤대 전 고려대 총장". 아이뉴스. 22 January 2009. Retrieved 9 April 2018.
  9. ^ "KB Financial Group". Archived from the original on 27 February 2016. Retrieved 29 July 2010.
  10. ^ "Euh vows to slim down an 'obese' KB". Korea JoongAng Daily. Retrieved 9 April 2018.
  11. ^ "Euh launches reform to get KB Financial fit". The Korea Herald. 28 July 2010. Retrieved 29 September 2019.
  12. ^ "Euh Yoon-dae, second from left, chairman of KB Financial ..." The Korea Times. 27 July 2010. Retrieved 9 April 2018.