Chairman Lee Eog-weon of the Financial Services Commission attended the signboard unveiling event for the secretariat of National Growth Fund at Korea Development Bank on November 17. At the event, five major financial holding groups and KDB signed a memorandum of understanding (MOU) to facilitate cooperation for boosting investment in high-tech strategic sectors and to promote exchange of personnel and information sharing on the provision of support for high-tech strategic industries. At the event, FSC Chairman Lee delivered opening remarks stressing the importance of pursuing a transition to make the financial industry more productive. In this regard, Chairman Lee said that National Growth Fund will need to serve as a major stepping stone to help boost the potential of the government, businesses, and the public. While asking financial companies to show continued support and participation in the transition drive toward productive finance, Chairman Lee pledged that the government will also continue to look into ways to facilitate investments and participation by financial companies.