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South Korea's Financial Supervisory Services chief resigns

Reuters  |  SEOUL 

SEOUL (Reuters) - South Korean President Moon Jae-in has accepted the resignation of the chief of the country's financial watchdog, a spokesman for the presidential Blue House said on Wednesday.Choe Heung-sik, head of the Financial Supervisory Services (FSS) since September, offered to step down from his position on Monday after he was alleged to have been involved in irregular hiring practices when he was president of a commercial bank.Choe has denied any wrongdoing. (Reporting by Dahee Kim; Editing by Eric Meijer)(This story has not been edited by Business Standard staff and is ...

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First Published: Wed, March 14 2018. 06:39 IST