In order to continue strengthening the exchange of experiences and information, the Chairman of the Central Deposit Insurance Corporation (CDIC), Mr. Hsien-Nung Kuei, and the Chairman & President of the Korea Asset Management Corporation (KAMCO), Mr. Young-Man Hong, together on behalf of their respective corporations renewed a Memorandum of Understanding (MOU) effective from August 24, 2015, thereby extending the formal bilateral cooperative relationship between the two organizations.
In the future, the CDIC will continue, on the basis of the MOU, to strengthen cooperation with the KAMCO in the area of asset management through bilateral exchanges of information and personnel, the provision of professional expertise and the sharing of experience.