Baek Jun-seok, Director of Planning and Cooperation, Appointed as New Deputy Governor of Bank of Korea

[Asia Economy Reporter Eunbyeol Kim] Lee Ju-yeol, Governor of the Bank of Korea, announced on the 23rd that Bae Joon-seok, Director of the Planning and Cooperation Bureau, has been appointed as Deputy Governor.

The newly appointed Deputy Governor Bae joined the bank in 1991 and has worked in various departments including the Policy Planning Bureau, General Affairs Bureau, Research Bureau, Financial Stability Bureau, Legal and Regulatory Affairs Office, and Planning and Cooperation Bureau. He has accumulated extensive experience in policy and internal management, demonstrating outstanding work performance.

The Bank of Korea stated about Deputy Governor Bae, "During his tenure as head of the Legal and Regulatory Affairs Office, he effectively responded to the surge in legal issues related to personnel and organizational management and the construction of the Bank of Korea's integrated annex." It added, "Since June last year, as Director of the Planning and Cooperation Bureau, he has practically overseen the emergency management system in response to COVID-19, contributing to the stable leadership of the organization."

The term of the newly appointed Deputy Governor Bae is from the 24th until November 23, 2023.

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