Candidate for Bank of Korea Governor Lee Chang-yong, IMF Director, Returns on 30th... Tomorrow's Nomination Remarks
[Asia Economy Reporter Seo So-jung] Lee Chang-yong, the director in charge of the Asia-Pacific region at the International Monetary Fund (IMF) and the nominee for the next governor of the Bank of Korea, will return to Korea on the 30th.
On the 23rd, the Bank of Korea announced that Governor nominee Lee Chang-yong is scheduled to depart from Washington, USA on the 29th and return in the afternoon of the 30th.
Lee plans to announce his nomination remarks on the 24th. A Bank of Korea official said, "We will soon form a confirmation hearing task force (TF) to prepare for the nominee's confirmation hearing," adding, "The TF office has been set up in the Booyoung Building near the Samsung Main Building."
Born in 1960, Lee is from Nonsan, Chungnam. He graduated from Inchang High School in Seoul and the Department of Economics at Seoul National University. Afterward, he earned a Ph.D. in Economics from Harvard University in the United States and served as an assistant professor in the Department of Economics at the University of Rochester and as a professor in the Department of Economics at Seoul National University.
At the inauguration of President Lee Myung-bak, he participated as an economic division member of the 17th Presidential Transition Committee. In 2008, he transitioned to a bureaucrat role, serving as the Vice Chairman of the Financial Services Commission from March 2008 to November 2009, and later served as the head of the Planning and Coordination Division of the G20 Summit Preparatory Committee.
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From 2011, he worked as a senior economist at the Asian Development Bank (ADB) for three years and moved to the IMF in 2014. He became the first Korean to hold the senior position of IMF Asia-Pacific Director.
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