Organization
The Fund has a Board of Directors composed of eleven members. The board elects one of its members to be the chairman. The chairman presides over the board meetings internally and represents the Fund externally.
The president of the Fund manages the entire operation of the Fund with the assistance from two vice presidents. There are three departments: Finance Department, Business Department and Administration Department. The three departments promote and carry out the Fund’s business. Furthermore, to actively develop its business, the Fund has established the Insurance Guaranty Consultant Committee based on actual needs.
Organizational Structure
Duties and Responsibilities of Departments
| Finance Department |
- Collections, payments, custody and uses of funds.
- Property custody and other accounting related matters.
|
| Business Department |
- Businesses related to Article 143-1 and the first paragraph of Article 143-3 of the Insurance Act.
- Researching and planning on exit mechanism of the insurance industry.
- Collection, classification, analysis, tracking and control of information obtained from the insurance industry.
|
| Administration Department |
- Legal affairs.
- Information technology.
- Clerical, cashier, purchasing, personnel, and other general affairs.
|
