Page 424 - 2019 6th AFIS & ASMMA

ASMMA Welcoming Remarks
Jung Hwan Lee
Chairman, President & CEO of Korea Housing Finance Corporation
Good morning everyone, I am very glad to host 6th Asian Secondary
Mortgage Market Association, ASMMA, annual meeting. Following
yesterday’s AFIS meeting, as a host of ASMMA, let me express my
appreciation and honor to Mr. Gantulga Badamkhatan, Chairman of
ASMMA and CEO of Mongolian MIK for gracing this event with his
presence.
Moreover, we are having delegations from Cagamas Berhad of
Malaysia, Japan Housing Finance Agency, Kazakhstan Mortgage
Company, NHMFC of the Philippines, SMF of Indonesia, SMC of
Thailand. I would like to extend my heartfelt thanks to all of you who
are here to broaden and deepen our relationships. In addition, today we
have special guests as CHID Bank of Myanmar, NMC of Armenia, SMC
of Kyrgyzstan, PMRC of Pakistan. Welcome you all to this 6th ASMMA
annual meeting. Your presence will enrich our gathering.
This place is called APEC Nurimaru of Dong-baek island, where
21 heads of states of the APEC countries gathered together in 2005.
This floor, the 3rd floor, is usually closed to the public, but today it is
specially opened for us; you are sitting at the seats where the heads of the
states used to sit, beside the flags of each country. Today, the flags were
rearranged to represent ASMMA member countries.
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The name of this building is ‘NuriMaru’; Nuri means the world
in Korean, whereas ‘Maru’ means ceiling, or the top. So the building
literally stands for the world summit. It represents historic symbol of the
APEC summit. Modeled in the image of a traditional Korean pavilion,
the dome-shaped villa embodies beautiful ridges of the Dong-baek
island. which provides architectural beauty as well. And the island is
connected with Busan city land by a bridge. I feel greatly honored to
have you here in this room where APEC summit seated and so the past
and present coexist in harmony.
In retrospect, the ASMMA has broadened the mutual understanding Ceremony Opening
by discussing common issues we are facing, and sharing our major
achievements and experience over the past five years. There is a saying
that “creating the new from the old”. Likewise, based on our five year
achievements, I hope that ASMMA can take a leap and become a leading
body in global housing finance. Once again, welcome all members,
observers and participants, and I wish you all the best and continued
success. Thank you.
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