Paek Nak-chun (acting) Independent Yun Posun Democratic Indirect presidential elections were held in South Korea on 12 August 1960, which saw the election of Yun Posun as President of the Republic of Korea, a ceremonial political position in the Second Republic.

The leaders of the non-DNP faction met on 11 August in the morning and announced they would nominate Yun Posun for the presidency and Chang Myon as prime minister.

Chang Myon was the incumbent president of the Democratic Party and de facto leader of the non-DNP faction.

The leaders of the DNP faction met on the evening of the same day and announced they would nominate Yun for the presidency and Kim Do-yeon as prime minister.

In order to be elected, a candidate had to receive at the vote of at least two-thirds of the National Assembly members in office at the time.