'Tech experts need to be fostered'

Financial Supervisory Service (FSS) Governor Yoon Suk-heun speaks to students at Seoul National University, Wednesday. / Courtesy of FSS

By Kim Bo-eun

The chief of the Financial Supervisory Service stressed the need for tech experts to be fostered, Wednesday.

“Due to innovation in technology, new businesses and jobs are emerging, and the landscape of industry and employment is changing as the wall between humans and machines is being torn down,” FSS Governor Yoon Suk-heun said during a speech at Seoul National University.

“One way to address these challenges lies in the ability to understand and utilize technology.”

He referred to “technology design and programming” as one of the 10 growing skills for 2022, in the World Economic Forum's Future of Jobs Report for 2018.

“Fostering tech experts in the finance sector is in line with the government's plan to boost innovation in finance through fintech,” Yoon said.

“In order for finance to find an opportunity to leap forward in the Fourth Industrial Revolution, it will be essential not only to develop innovative technology but also foster experts.”

Executives from Bloomberg, Amazon and Google were also speakers at the event.