Chairman and CEO Yoon Dae-hee of Korea Credit Guarantee Fund (KODIT). (Photos: KODIT)

Chairman and CEO Yoon Dae-hee of Korea Credit Guarantee Fund (KODIT) conducted a series of outreach activities after being reelected for one more year.

KODIT Chairman Yoon began his second term as the 23rd chairman of Korea Credit Guarantee Fund on June 7.

Yoon wrapped up his three-year term, but he has been reelected for one more year in recognition of achievements he has made so far. As Chairman Yoon began his second term, he sent a letter to all his executives and staffers, in which he disclosed his future plans.

“Despite three years of achievements, we have lots of tasks to be solved, and it is import to grasp the trends of changes in the post-COVID-19 pandemic era and prepare for the future,” he said.

To this end, Yoon pledged to implement the following four tasks. They are accomplishing a five-year plan to innovate KODIT, efficient management of KODIT’s work, raising KODIT’s global standing, and building a happy worksite environment.

Chairman and CEO Yoon Dae-hee of Korea Credit Guarantee Fund (KODIT) lends an ear to on-site officials as he toured KODIT’s Daegu and Gyeongbuk Business headquarters and Daegu Credit Insurance Center on June 7.

The four tasks are an extension to a five-year plan to innovate KODIT, which started in 2018. The plan was scheduled to last for five years, but Chairman Yoon hinted that the plan would be completed during his term.

Under the stewardship of Chairman Yoon, KODIT made achievements such as acquiring permission on the credit guarantee business, releasing a credit index on transactions, designating evaluation institutions on inventions and technologies as well as venture investment institutions and venture confirmation specialization evaluation institutions, and opening a representative office in Hanoi, Vietnam.

In particular, KODIT played a part in overcoming the economic crisis caused by the COVID-19 pandemic. As the pandemic has lingered, KODIT has implemented programs to finance a combined 36.7 trillion won, accounting for more than 20 percent of 175 trillion won in the government’s total financial support.

With Chairman Yoon being reelected, KODIT plans to secure innovation momentum to build SMEs’ innovation ecosystem and support the government’s policies, such as the “Korean New Deal” as a representative institution for supporting SMEs.

KODIT Chairman Yoon Dae-hee delivers a speech at an on-line ceremony to celebrate the 4th anniversary of its founding at KODIT headquarters in Daegu on June 1.