Korean president names new central bank governor
South Korean president Moon Jae-in announced on March 23 that he would nominate Rhee Chang-yong to be the next governor of the central bank.
Rhee will succeed Lee Ju-yeol, governor since April 2014. Lee was first appointed by previous president Park Geun-hye. In 2018, Moon named him to a second term, which ends March 31. Governors may serve no more than two consecutive terms.
Under the Bank of Korea Act, the president names the governor of the Bank of Korea to a four-year term, “following
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on People
BCRA ex-governor Caputo will be Argentina’s economy minister
Central bank halts sales of devaluation hedge bonds
Argentina’s Milei struggles to find central bank governor
Two candidates refuse position amid uncertainty over dollarisation plans
Australia announces RBA governance law and new deputy governor
Labor government appoints BoE official Andrew Hauser to senior role
China appoints head of foreign exchange regulator
Veteran banking executive Zhu Hexin to lead Safe in latest change among senior financial officials
Israeli PM offers Yaron second term as governor
Yaron’s future as governor had been in doubt after Netanyahu refused to comment on his role
Bank of Portugal’s ethics committee clears Centeno
Central bank says governor did not act wrongly in political crisis
Portuguese governor under ethics review
Centeno embroiled in public spat with the president of Portugal
People: Philadelphia Fed hires new number two
Indian and UK central banks make senior appointments; and more