SBI Digital Markets Accelerates Korea Growth Strategy with Appointment of Jai Yung Byun
Byun was formerly the Chief Representative (Director General) for Bank of Korea’s
Washington D.C. Representative Office
Singapore, 10 July 2024 – SBI Digital Markets announces the appointment of Jai Yung Byun as Principal Consultant, signaling a significant strengthening of the company's business and outreach in Korea. Byun brings a wealth of experience, particularly from his distinguished career at the Bank of Korea, where he played pivotal roles in international finance and policy planning. SBI Digital Markets also aims to deliver solutions at the highest institutional-grade governance standards to safeguard its institutional investors and issuers.
Byun has been advising on business development and regulatory strategies for SBI Digital Markets in South Korea since 2023. His expertise has been instrumental in navigating the intricate landscape of the Korean market, fostering relationships with financial institutions across both public and private sectors.
Byun's illustrious career began at the Bank of Korea, where he held various leadership positions, including Head of the International Finance Policy Planning Team, Director General Foreign Exchange Analysis and Investigation, and Chief Representative at the Bank of Korea’s Washington D.C. Representative Office. He played a crucial role in South Korea's recovery from the foreign exchange crisis in 1997 to 1998 and led negotiations for significant agreements, including the Currency-Swap Agreement with ASEAN, Japan, China, and South Korea. Byun's contributions also extended to the foundation of the Korea Investment Corporation in 2005.