KOREA WHO

Kim Youn-sik is Chairman of the National Credit Union Federation of Korea (NACUFOK).

As his term ends in February 2026, he is focusing on improving financial soundness and strengthening internal controls to ensure a more resilient organization in his final year of leadership.

To reverse the Credit Union’s poor performance, he has been working to tighten management of non-performing loans and delinquency rates.

He was born in Daegu in 1956.

He graduated from Daeryun High School in Daegu.

Before entering the cooperative sector, he was CEO of Hyosung Fruits and head of the Muminjae Calligraphy Museum. He later served as Vice Chairman of Saerim Credit Union, Chairman of the Daegu Regional Council of Credit Unions, and a board member of NACUFOK.

He also served as CEO of Ariana Hotel before being elected Chairman of NACUFOK in 2018. He is now serving the final year of his second term.

He made the transition from calligrapher to businessman, and from businessman to financial leader.

While commercial banks are cutting branches and expanding digital services, he stresses that credit unions should continue to expand their branch networks in order to realize social value.

He also emphasizes the importance of balanced growth between large and small member unions.

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