Euh Yoon-Dae (; born 22 May 1945) is a South Korean

professor Professor (commonly abbreviated as Prof.) is an Academy, academic rank at university, universities and other tertiary education, post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin ...

financier An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of in ...

, and advisor for the South Korean government. He served as

Chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

KB Financial Group KB Financial Group Inc. () is a financial holding company headquartered in Seoul, South Korea. The Group and its subsidiaries provide a broad range of banking and financial services. It is one of the domestic systemically important banks (D-SIBs) ...

and of the

Presidential Council on Nation Branding, Korea The Presidential Council on Nation Branding was established on January 22, 2009, by Executive Decree 21283 with the objective to develop South Korea, South Korea's national brand value. The council was abolished on March 23, 2013. South Korea a ...

Childhood and Education

Euh was born in Jinhae (now

Changwon Changwon (; ) is the capital and largest city of South Gyeongsang Province, South Korea (with a population of 1,025,702 ), and the 11th largest city of the South Korea, country. A port city, Changwon is bordered by Masan Bay to the south, and the ...

), Keishōnan-dō,

Korea, Empire of Japan From 1910 to 1945, Korea was ruled by the Empire of Japan under the name Chōsen (), the Japanese reading of "Joseon". Japan first took Korea into its sphere of influence during the late 1800s. Both Korea (Joseon) and Japan had been under polic ...

on 22 May 1945. He earned his B.A. and M.B.A. at

Korea University Korea University (KU, ) is a Private university, private research university in Seoul, South Korea. Established in 1905 by Yi Yong-ik, Lee Yong-Ik, a prominent official of the Korean Empire, Korea University is among South Korea's oldest List of ...

, an M.B.A. at the Asian Institute of Management, and a Ph.D. in

business administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...

at the

University of Michigan The University of Michigan (U-M, U of M, or Michigan) is a public university, public research university in Ann Arbor, Michigan, United States. Founded in 1817, it is the oldest institution of higher education in the state. The University of Mi ...

. He has received honorary doctorate degrees at

Yonsei University Yonsei University () is a Private university, private Christian university, Christian research university located in Seoul, South Korea. Yonsei is one of the three most prestigious universities in the country, part of a group referred to as SK ...

Waseda University Waseda University (Japanese: ), abbreviated as or , is a private university, private research university in Shinjuku, Tokyo. Founded in 1882 as the Tōkyō Professional School by Ōkuma Shigenobu, the fifth Prime Minister of Japan, prime ministe ...

Griffith University Griffith University is a public university, public research university in South East Queensland on the Eastern states of Australia, east coast of Australia. The university was founded in 1971, but was not officially opened until 1975. Griffith ...

and

Renmin University The Renmin University of China (RUC) is a public university in Haidian, Beijing, Haidian, Beijing, China. The university is affiliated with the Ministry of Education (China), Ministry of Education, and co-funded by the Ministry of Education and ...

Career

Recently, Euh Yoon-Dae served as Chairman of

, Korea's second largest banking group. He was also the first Chairman of the

from its establishment in January 2009 to 2010. A former President of

(2003–2006), 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 The Bank of Korea (BOK; ) is the central bank of South Korea and issuer of South Korean won. It was established on 12 June 1950 in Seoul, South Korea. The bank's primary purpose is price stability. For that, the bank inflation targeting, targ ...

as well as a Board Member of the

Korea Development Bank Korea Development Bank (KDB Bank) is a South Korean state-owned development bank which aims to encourage the industrial development of South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage ...

. 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. 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

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. Despite much advancement, Euh failed to be reelected as president.

Presidential Council on Nation Branding (Chairman): 2009 – 2010

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

KB Financial Group (Chairman): 2010 – 2013

Euh Yoon-Dae was inaugurated as Chairman of

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, and he has launched reforms since then.

References

{{DEFAULTSORT:Euh, Yoon-Dae Living people 1945 births Korea University alumni Academic staff of Korea University Presidents of universities and colleges in South Korea South Korean businesspeople People from Changwon People from Jinhae District Ross School of Business alumni Asian Institute of Management alumni Hamjong Eo clan