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Mr. Kwang-Yeol Yoo, appointed as the New President & CEO of SGI2020-12-02 Seoul Guarantee Insurance Company

On December 1, 2020, Mr. Kwang-Yeol Yoo was appointed as the new President & CEO of SGI. He graduated from Seoul National University with a B.A. in Economics and an M.A. in Public Administration. Mr. Yoo earned his PhD in Economics from University of Texas at Austin. 


Mr. Yoo started his professional career by joining the Ministry of Economy and Finance (MOEF) where he gained in-depth professional experiences in the field of international finance during his long years of service. Afterwards, he took charge as the First Senior Deputy Governor of the Financial Supervisory Service (FSS), responsible for managing overall financial policies of Korea. 


During the inauguration ceremony today, Mr. Yoo announced his mission statement as the new President & CEO that he will transform SGI into a digital guarantee insurer that could flexibly adapt to new changes and innovations and also to expand partnerships for sustainable growth. 


In addition, Mr. Yoo stated that he looks forward to support the overall development of guarantee insurance market in Asia through closely interacting and coordinating with members of the Asia Guarantee and Credit Insurance Association (AGCIA), Particularly, he stressed SGI's role in actively promoting the exchanges of new ideas and resources among the members. 


Mr. Yoo expressed his firm determination to transform SGI into one of the global guarantee insurers during his tenure.