Korea to name c bank board member in next 2 weeks

SOUTH KOREA - South Korean President Kim Dae-jung will likely name a new member to the Bank of Korea's monetary policy board either next week or in the following week, a central bank official said Thursday.

The central bank has one vacant seat in the seven-member board, as one member - Kang Yung-Joo - earlier Thursday was named chairman of the board at the Korea Stock Exchange.

Kang's four-year term was to have ended in April 2004, but under central bank regulations, he has to give up the position

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