Lee Ju-yeol "Financial and Economic Conditions Changing Rapidly and Complexly... Difficult to Gauge Direction"

[Asia Economy Reporter Eunbyeol Kim] Lee Ju-yeol, Governor of the Bank of Korea, said on the 6th, "The changes in today's financial and economic conditions are unprecedentedly rapid and complex, and it is difficult to even gauge the direction of their development."

At the 2020 new employee induction ceremony held at the Bank of Korea headquarters on Sejong-daero, Jung-gu, Seoul, Governor Lee stated, "Expectations placed on the Bank of Korea, which plays a key role in our country's macroeconomy, are growing day by day."

He also said, "To meet these expectations, the expertise of each employee must be supported, and high-level expertise cannot be developed in a short period but can only be achieved through continuous self-development. Efforts for self-development are useless if temporary and can only bear fruit when they become a way of life."

To the new employees, he said, "You must have a strong sense of public service dedicated to the people," adding, "The public demands a higher level of morality and sense of mission from us than from ordinary office workers."

He further conveyed, "Moreover, you are the best elites nurtured by our society, so you may take pride in that." However, he advised, "You must understand that pride without responsibility is mere arrogance, and you should be wary of stubbornness and dogmatism that believe only you are right."

This content was produced with the assistance of AI translation services.