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KFTC



About KFTC > Decision-making Body

Decision-making Body

The top decision-making body of the Korea Financial Telecommunications & Clearings Institute (KFTC) is the general meeting, which consists of all general members. Subsidiary organs of the general meeting are the board of directors, comprised of the KFTC president and eight non-permanent directors, and six committees that review the main agenda of the general meeting and the board.

The Bank of Korea and financial institutions pursuant to the Bank Law are eligible to become general members, associate members or special participants of KFTC. Organizations that are involved in the financial industry or financial-related businesses that are not financial institutions can become special participants upon approval by the general meeting.

General Meeting

  • Governor of the Bank of Korea
  • President & CEO of SC Bank
  • President & CEO of the Korea Development Bank
  • President & CEO of Hana Bank
  • President & CEO of Nong Hyup Bank
  • President & CEO of the Industrial Bank of Korea
  • President & CEO of Kookmin Bank
  • President & CEO of Shinhan Bank
  • President & CEO of Korea Exchange Bank
  • President & CEO of Woori Bank
  • President & CEO of Citibank Korea

Board of Directors

  • President of KFTC
  • Assistant Governor of the Bank of Korea
  • Executive Vice President of Industrial Bank of Korea
  • Executive Vice President of Shinhan Bank
  • Executive Vice President of SC Bank
  • Executive Vice President of Hana Bank
  • Managing Director of Kookmin Bank
  • Managing Director of Korea Exchange Bank
  • Executive Vice President of Pusan Bank
  •  

Committees

  • Planning Committee
  • Checks Clearing Committee
  • B2B Committee
  • Giro Committee
  • Electronic Banking Committee
  • Financial Information Network Committee
  • Joint Electronic Data Processing Committee
  • Foreign Exchange Trade Committee
  • Housing Subscription Committee
  • Digital Certification Committee
  • Financial Information Security Committee
  • CMS Committee

General members

  • The Bank of Korea
  • SC Bank
  • The Korea Development Bank
  • Hana Bank
  • Nong Hyup Bank
  • Industrial Bank of Korea
  • Kookmin Bank
  • Shinhan Bank
  • Korea Exchange Bank
  • Woori Bank
  • Citibank Korea

Associate members

  • The Export-Import Bank of Korea
  • Jeju Bank
  • National Federation of Fisheries
    Cooperatives
  • Jeonbuk Bank
  • Kyeongnam Bank
  • Daegu Bank
  • Korea Credit Guarantee Fund
  • Pusan Bank
  • Kibo Technology Fund
  • Kwangju Bank

Special participants

  • Post Offices
  • Korea Investment & Securities Co., Ltd.
  • National Federation of Fisheries Cooperatives
  • Shinhan Investment Corp.,
  • Member Cooperatives of NFFC
  • Mirae Asset Securities Co., Ltd.
  • National Forestry Cooperatives Federation
  • Daishin Securities Co., Ltd.
  • The Hongkong Shanghai Banking
    Coporation Ltd.
  • Hana Daetoo Securities Co., Ltd.
  • Tong Yang Securities Inc.
  • Deutsche Bank AG
  • Shinyoung Securities Co., Ltd.
  • The Royal Bank of Scotland N.V.
  • Hanwha Securities Co., Ltd.
  • The Bank of Tokyo-Mitsubishi UFJ Ltd.
  • Eugene Investment & Securities Co., Ltd.
  • Mizuho Corporate Bank, Ltd.
  • Kiwoom Securities Co., Ltd.
  • Bank of America National
    Association
  • Meritz Securities Co., Ltd.
  • Dongbu Securities Co., Ltd.
  • Korean Federation of Community
    Credit Cooperatives
  • NH Investment & Securities Co., Ltd.
  • Kyobo Securities Co., Ltd.
  • National Credit Union Federation of Korea
  • SK Securities Co., Ltd.
  • Korea Federation of Savings Banks
  • Bookook Securities Co., Ltd.
  • Seoul Guarantee Insurance Company
  • Hi Investment & Securities Co., Ltd.
  • Korea Housing Finance Corporation
  • HMC Investment Securities Co., Ltd.
  • Korea Finance Corportion
  • E*trade Financial Korea. Co., Ltd.
  • JPMorgan Chase & Co.
  • Solomon Investment and Securities Co., Ltd.
  • Morgan Stanley
  • LIG Investment & Securities Co., Ltd.
  • Daewoo Securities Co., Ltd.
  •  
  • Samsung Securities Co., Ltd.
  •  
  • Hyundai Securities Co., Ltd.
  •  
  • Woori Investment & Securities Co., Ltd.
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