Seoul Philharmonic Orchestra CEO Choe Heung-sik has been recommended to head the Financial Supervisory Service(FSS).
 
Financial Services Commission(FSC) Chairman Choi Jong-ku convened a regular meeting of the commission on Wednesday and recommended Choe to the post.
 
Choe had served as the head of the Korea Institute of Finance, a professor of business at Yonsei University and president of Hana Financial Group.
  
The head of the FSS is first recommended by the FSC chairman and then finally appointed by President Moon Jae-in.
 
If Moon appoints Choe, he will become the first head of the FSS with no history in having worked at the FSS. 
Since the FSS became separated from the FSC, the supervisory agency has been headed by officials who had retired from the FSS.