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New KFTC chairman Ju Biung-ghi to begin three-year term this week

( September 15, 2025, 03:03 GMT | Official Statement) -- MLex Summary: Ju Biung-ghi, economics professor at Seoul National University, will begin his three-year term as chairman of the Korea Fair Trade Commission on Tuesday, the KFTC said. Current Chairman Han Ki-jeong’s term ends on Monday. The KFTC will hold an inauguration ceremony Tuesday to mark the beginning of his term. President Lee Jae Myung approved Ju’s appointment over the weekend, according to news reports, The National Assembly's National Policy Committee held a confirmation hearing on Ju on Sept. 5, but the committee failed to adopt a confirmation report amid clashes between the ruling and opposition parties over financial regulatory restructuring plans unrelated to the KFTC. The president proceeded with the appointment without the report. The notice, in Korean, follows: ...

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