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CU System
WOCCU Asia pioneer Augustine Kang dies
MADISON, Wis. (9/3/09)--Augustine J.R. Kang, 85, a pioneer of the Asian credit union movement and founder of the first South Korean credit union, died Aug. 22 in Madison, Wis. Kang was the first general manager of the Asian Confederation of Credit Unions, which became affiliated with the World Council of Credit Unions (WOCCU) in 1971. As manager, Kang worked with 20 Asian countries (Wisconsin State Journal Aug. 24). In 1983, Kang moved to Madison to start a special project at WOCCU that launched the credit union movement in China. He worked for WOCCU until his retirement in 1995. In addition to his work in the credit union movement, Kang authored two books: “Just As It Is” and “The Conversation That I’d Like To Share With Someone.” Kang also received the Ramon Magsaysay Award for International Understanding in 1981 and an honorary law degree from St. Francis Xavier University in Nova Scotia, Canada, in 1984.


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