The ICISA INSIDER | April 2018 | APPOINTMENTS & ANNOUNCEMENTS
Catalogue of Credit Insurance Terminology
Appointment of Seoul Guarantee Insurance’s President & CEO
The new English edition of the catalogue is available.
On December 1, 2017, Seoul Guarantee Insurance Company (SGIC)
It can be downloaded
a term of three years.
announced that it appointed Kim Sang-taek as its President & CEO for
from the ICISA website
He joined SGIC in 1988 after
(www.icisa.org). To order a
graduating from Kyung Hee University.
hard copy, please send an
The work experience he had during
email to secretariat@icisa.org
extensive including claims, recovery,
the period of last three decades is legal affairs and corporate planning. In 2014, he became a board member as a director responsible for the Strategic Planning Division. In the same year, he was appointed as a senior managing director in charge of the Management Support Group. In December 2017, he became the firstever internally appointed CEO after having represented SGIC as Acting
Mr. Kim Sang-taek
CEO for seven months.
CATALOGUE OF CREDIT INSURANCE TERMINOLOGY
Seoul Guarantee Insurance Company (SGIC) Seoul Guarantee Insurance Company (SGIC) was originally established
English edition
in 1969 under the name of Korea Fidelity and Surety Company. As a comprehensive guarantee services provider, SGIC is currently a leader in 2942_ICISA_Dictionary_UK_V6.indd 1
02-02-17 12:53
the domestic surety and credit insurance industry and also enjoying an unsurpassed reputation in the global market for its financial strength. SGIC’s stature has been validated by its credit ratings of “A+” and “AA-” given by Standard & Poor’s and Fitch Ratings, respectively.
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Looking to the future, SGIC will strive to reach its vision of becoming the “World’s Top Financial Institution” leading the global industry. With more than 49 years of experience and expertise, SGIC has brought about a better and brighter future for individuals and corporations through credit provision, facilitating Korea’s economic development.
Further information: www.sgic.co.kr
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