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제목 DSC Officer Becomes the First Certified FXM in Service
작성자 admin 작성일 2006-08-28
내용 MAJ Kim Gyeong Iㅣ (36 years old, pictured), a field-grade officer at the ROK Defense Security Command, has become the talk of the town since he became the first military officer to be certified by the Korea International Trade Association as a foreign exchange manager. A foreign exchange manager is an financial expert who manages a firm's foreign-denominated assets and exchange risks associated with forex trading. Since its inception in 2003, the FXM certification has been conferred to over 500 people, who were then recognized by the Financial Supervisory Service to be foreign exchange management experts and are now active in foreign trade, securities, and banking sectors. In the armed forces, MAJ Kim is the only one known to be certified. At his previous post at the Defense Procurement Agency (currently, the Defense Acquisition Program Administration), MAJ Kim was in charge of purchasing foreign currency. He saved over 1 billion won per year by buying foreign currencies at 1~3 won lower than the market rate of the day. Through that experience, MAJ Kim realized that a great amount of defense budget could be saved if foreign currencies were well managed, especially in force build-up projects which mostly involves foreign capital contracts. So he made time in his busy schedule to take FXM training courses and working-level courses at Trade Campus of the Korea International Trade Association. In July, he passed the final test to become a certified FXM. Expressing his aspirations, MAJ Kim said, "I am happy to become the first serviceman to be certified as a FXM. I shall continue to work hard to efficiently execute defense budget and better perform accounting duties."
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