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The appointment announcement for Lee Dong-hae as Head of the Maritime Finance Center

BFC관리자 2024-08-13 09:09 VIEWS 456

The appointment announcement for Lee Dong-hae as Head of the Marine Finance Center



ㅇ On July 24, 2024, Dong-Hae Lee was appointed as the Center Director of the Maritime Finance Center at Busan Finance Center.

ㅇ Dr. Dong-Hae Lee commenced his career at the Korea Development Bank (KDB) in 1989, ultimately ascending to the position of Head of the Maritime Finance Division. He has extensive working experience in international finance, having served at the Korea Development Bank with assignments in both London and New York.

ㅇ In regard of maritime finance, Dr. Lee led the establishment of the "KDB Let's Together Shipping Fund," with a scale of USD 800 million (approximately KRW 1 trillion) in 2009, and was also involved in large-scale shipping finance. Under his directorship, shipping finance volume reached more than USD 2.3 billion (approximately KRW 3.15 trillion), contributing to the construction of 20 ships for HMM as part of the South Korean government's "Five-Year Plan for Shipping Recovery.“

ㅇ Before joining Busan Finance Center, Dr. Lee served as a deputy director of the Korea University Maritime Law Centre.

ㅇ Dr. Lee obtained his Ph.D. in Business Administration from Korea Maritime and Ocean University in 2021. His doctoral thesis, entitled "An Empirical Analysis of Determinants of Ship Financing Debt Repayment Ability During Maritime Recession," highlights his expertise and scholarly contributions to the field.

ㅇ Notably, during his tenure at the Korea Development Bank, Dr. Lee played a pivotal role in advancing Korea's shipping finance industry by spearheading the Maritime Finance Center, which was operated in collaboration with the Export-Import Bank of Korea (KEXIM), Korea Trade Insurance Corporation(K-SURE), and Korea Development Bank(KDB). His leadership and contributions have been instrumental in the sector's growth and development.
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