Candidate Go Seung-beom for Financial Services Commission Chairman to Attend Bank of Korea Monetary Policy Committee Meeting Today

[Image source=Yonhap News]

[Asia Economy Reporter Kim Eun-byeol] Go Seung-beom, the nominee for chairman of the Financial Services Commission, will attend the regular meeting of the Monetary Policy Committee of the Bank of Korea on the 12th. However, this meeting will not be one to decide the base interest rate.

According to the Bank of Korea, Go will attend the Monetary Policy Committee's plenary session held at 9:30 a.m. at the Bank of Korea headquarters. Since Go has not yet resigned from his position as a Monetary Policy Committee member, he is not subject to the prohibition on holding concurrent posts and is therefore able to attend the meeting.

Since being nominated as the chairman of the Financial Services Commission on the 5th, Go has been working at the Korea Deposit Insurance Corporation, where his National Assembly confirmation hearing preparation office has been set up. However, since he has not yet retired from his Monetary Policy Committee position, he decided to attend the meeting.

The Monetary Policy Committee will not decide on the base interest rate at this meeting, and there are no agenda items for resolution. Go is expected to handle the reporting agenda items during the meeting.

However, Go is likely to be absent from the monetary policy direction decision meeting scheduled for the 26th. This is because President Moon approved the request for a confirmation hearing for Go at the National Assembly the day before, and the confirmation hearing procedures must be completed within 20 days at the National Assembly. Accordingly, the Monetary Policy Committee meeting on the 26th is expected to be held with six members attending, excluding Go.

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