The Korea Trade-Investment Promotion Agency (KOTRA) named Dr. Kim Sung-jin as the new foreign investment ombudsman. During his three-year term starting August 2018, Dr. Kim will be responsible for resolving difficulties and grievances faced by foreign investors in Korea.

As the seventh foreign investment ombudsman, Dr. Kim passed the 19th National Civil Service Examination, and worked at the finance ministry in foreign direct investment, finance and economic cooperation divisions. He is also the former administrator of the Public Procurement Service. He received his bachelor's degree in business administration at Seoul National University, master's degree in industrial engineering at the Korea Advanced Institute of Science and Technology (KAIST), master's degree in economics at the University of Washington, and a Ph.D. in economics at Kyunghee University. He was formerly an advisor and visiting committee member of the Korea Capital Market Institute and an adjunct professor at Soongsil University.

Kim said, "As a foreign investment ombudsman, I will strive to help foreign investors resolve difficulties doing business in Korea, actively identify such difficulties in advance, and contribute to creating jobs by attracting investment from leading foreign companies."

Source: Invest Korea (September 3, 2018)