Kim Yongjin

Kim Yong-jin (Korean: 김용진; Hanja: 金容振; born 27 November 1961) is a South Korean politician who served as the CEO and chairman of National Pension Service from 2020 to 2022 and previously as President Moon Jae-in's first 2nd Vice Minister of Economy and Finance.[1]

Kim Yongjin
김용진
CEO of the National Pension Service
In office
31 August 2020 – 18 April 2022
PresidentMoon Jae-in
MinisterPark Neung-hoo
Preceded byKim Sung-joo
2nd Vice Minister of Economy and Finance
In office
9 June 2017 – 14 December 2018
PresidentMoon Jae-in
MinisterKim Dong-yeon
Hong Nam-ki
Preceded bySong Eon-seok
Succeeded byKoo Yun-cheol
CEO of Korea East West Power Co., Ltd
In office
26 January 2016 – 8 June 2017
PresidentPark Geun-hye
MinisterJoo Hyung-whan
Succeeded byPark Il-joon
Personal details
Born (1961-11-27) 27 November 1961
Icheon, South Korea
Political partyDemocratic
Alma materSKKU
KDI School of Public Policy and Management
For other uses, see Kim Yong-jin (disambiguation).
In this Korean name, the family name is Kim.

After passing the state exam in 1986, Kim has dedicated his career in public service - mostly at government agencies and roles related to budgeting and economy.

From 1986 to 2012, Kim worked at now-Ministry of Economy and Finance, president-elect Lee Myung-bak's transition team and South Korean embassy in the UK as their officials on various policy areas from international economy to public fund management.[2]

In 2013 he was promoted as the spokesperson of the Ministry and later in 2015 reshuffled to the chair of Executive Office, de facto Secretary-General, of Presidential Committee on Regional Development (now Presidential Committee for Balanced National Development) under then-president Park Geun-hye.[3] In January 2016 he was appointed as the CEO and chairman of Korea East-West Power Company, a government-owned electricity company managed by now-Ministry of Trade, Industry and Energy.[4]

Upon beginning of President Moon Jae-in's presidency in 2017, Kim was appointed as one of two deputy heads of the Ministry.[3] During his service as the 2nd Vice Minister of Economy and Finance, he became known to the public for shedding tears when the opposition party parliamentarians at the budget hearing attempted to cut the funds for the single parent households.[5] In December 2018 he resigned from the post for upcoming election in April 2020.[6]

In the 2020 general election, Kim ran as a Democratic candidate for Icheon, his hometown. Kim Dong-yeon, former Minister of Economy and Finance who worked with him, made the first political move after leaving the public service as finance minister in 2018 by joining Kim's campaign.[7][8] He lost to the incumbent parliamentarian from the opposition party, Song Seok-joon (Korean: 송석준).[9]

In August 2020 he was appointed as the head of National Pension Service by the President Moon upon nomination of Minister of Health and Welfare Park Neung-hoo.[10] In 2022 Kim resigned and joined the campaign of his former boss, Kim Dong-yeon, running for Gyeonggi Province Governor.[11]

Kim holds two degrees - a bachelor in education from Sungkyunkwan University and a Master of Public Policy from KDI School of Public Policy and Management.[2]

Electoral history
Election Year District Party Affiliation Votes Percentage of votes Results
21st National Assembly General Election 2020 Gyeonggi Icheon Democratic Party 49,682 45.6% Lost

References
  1. "S.Korea names ex-vice fin min Kim Yong-jin chairman of National Pension Service". Reuters. 2020-08-31. Retrieved 2020-09-02.
  2. "김용진 :: 네이버 인물검색". people.search.naver.com. Retrieved 2020-09-02.
  3. 민경락 (2017-06-09). "김용진 동서발전 사장, 기재부 2차관으로 환향…"개혁 적임자"". 연합뉴스 (in Korean). Retrieved 2020-09-02.
  4. "김용진 한국동서발전 제6대 사장 취임". 에너지데일리 (in Korean). 2016-01-26. Retrieved 2020-09-02.
  5. 송종호 (2020-06-23). "국민연금 이사장에 유력설 김용진 前 기재부 차관은 누구?". www.ajunews.com. Retrieved 2020-12-03.
  6. "[이천] 김용진 전 차관 총선 출마 공식선언 - 교차로저널". www.kocus.com (in Korean). Retrieved 2020-09-02.
  7. "김동연 전 부총리,김용진 후보 지원유세". 인천일보 (in Korean). 2020-04-14. Retrieved 2020-09-02.
  8. "김동연, 출마 대신 후원회장? 김용진 전 차관 후원회장 맡아". 한국일보 (in Korean). 2020-02-10. Retrieved 2020-09-02.
  9. "[4.15총선 분석]이천 송석준 당선자, 부발·대월·증포 제외 전 지역서 '완승'". 새연합신문 (in Korean). 2020-04-21. Retrieved 2020-09-02.
  10. 최경애 (2020-08-31). "Ex-vice finance minister named to lead state pension fund". Yonhap News Agency. Retrieved 2020-09-02.
  11. "김용진, 국민연금공단 이사장 사임 뒤 김동연 캠프로". www.hani.co.kr (in Korean). 2022-04-18. Retrieved 2022-05-13.
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