Dear KAFA Members, Friends, and Supporters:
First of all, I am excited to announce that Professor Peter Chung at the University of California at Riverside has been elected as president-elect, who will join our next president, Professor Sahn-Wook Huh at the University at Buffalo, in serving KAFA beginning this October. Also please join me in welcoming our new executive officers and board members: As Vice President in Korea, Professor Woo-Jin Kim at Seoul National University and board members – including Professors Chulhee Jun at Bloomsburg University of Pennsylvania, Jaemin Kim at San Diego State University, and Hayong Yun at Michigan State University. I should also mention my appreciation for invaluable contributions by our outgoing officer: Vice President Joong-Hyuk Kim at Korea University.
Thanks to the continued financial support from Financial News (FN) and Shinhan Bank (SHB), we continue to recognize KAFA members’ outstanding scholarly achievements through various awards, including the FN-KAFA Eminent Scholar Award, SHB-KAFA Young Scholar Award, FN-KAFA Top-Journal Paper Award, SHB-KAFA Best Paper Award, FN-KAFA Doctoral Student Dissertation Award, and Dr. Bong-Soo Lee memorial student Scholarship. On behalf of KAFA, I congratulate all award recipients. I would like to thank Professors Kee-Ho Chung at the University at Buffalo, Saeyoung Chang at UNLV, Jun-Koo Kang at Nanyang Technology University, and Soku Byoun at Baylor University (Chair) for serving with me on the KAFA Award Selection Committee.
Our KAFA members joined the 25th anniversary Joint Conference with Allied Korea Finance Associations (KFAs) on Friday and Saturday, May 27, 28, last summer, presenting their papers. In particular, Professor Yong H. Kim gave a speech as Founder at this memorable event in Cheon-An, Korea. I would like to give a big thanks to Professor Yong H. Kim for his continued dedication and service to KAFA that he has shown all these years. Further, some members participated in the joint symposium with the Korean Institute of Finance (KIF) which graciously supported this annual event.
KAFA continues to offer two Korean and Asian sessions at this year’s FMA meetings. I appreciate Professor Sahn-Wook Huh and the review committee for organizing the two special sessions. Your participation in these sessions by KAFA members is essential for us to continue to keep the special KAFA sessions in future FMA meetings. The details of these sessions can be found in this newsletter. Especially, we have launched a new symposium, affiliated with the Bank of Korea Economic Research Institute and the Korea Institute of Finance (KIF), to which researchers at these prestigious organizations contribute their papers. We send our warmest thanks to Dr. Wook Sohn (Director General at BOK ERI) and Dr. Sangho Sohn (President of KIF) for the memorable visits. I sincerely encourage our members to participate and exchange the research ideas in the new sessions, called “BOK-KIF-KAFA” symposium.
In December, selected KAFA members will participate in the annual conference on Asia-Pacific Financial Markets (CAFM) Conference and a joint seminar with KCMI in Seoul. I appreciate KAFA members’ continued interest and support for this collaboration with the Korean Securities Association (KSA) and KCMI.
Many KAFA members have been instrumental in organizing the conferences including Professors Sahn-Wook Huh, Jung Chul Park, H. Young Baek, Joong-Hyuk Kim, and Noolee Kim. I appreciate their time and efforts very much. I also thank the KAFA members who attended the conference in various capacities. The conferences would not have been successful without their participation and dedication.
Finally, I encourage all KAFA members to attend the annual business and dinner meetings scheduled for Friday (October 12th). I thank the Korea Institute of Finance (KIF) for sponsoring the KAFA dinner meeting.
It has been an honor to serve KAFA as president for the past year. I would like to express my sincere gratitude and appreciation to Professors Sahn-Wook Huh, Jung Chul Park, and H. Young Baek who have worked tirelessly as a team. I know that KAFA will keep flourishing in their able hands.
I look forward to seeing you all in San Diego.
Yoon K Choi
2018 KAFA President
University of Central Florida