Lee Chang-yong, Governor of the Bank of Korea, to Receive Appointment Letter This Afternoon... Inauguration Ceremony on the 21st

Lee Chang-yong, nominee for Governor of the Bank of Korea, is attending the confirmation hearing held at the National Assembly on the 19th, responding to questions from lawmakers. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Seo So-jeong] Lee Chang-yong, the nominee for Governor of the Bank of Korea, will hold his inauguration ceremony tomorrow.

According to the Bank of Korea on the 20th, Lee is scheduled to receive his appointment letter from President Moon Jae-in at 3 p.m. that day.

The inauguration ceremony will be held at 9:30 a.m. on the 21st at the convention hall on the first floor of the Buyeong Taepyeong Building in Jung-gu, Seoul, which was used as the National Assembly Personnel Hearing Task Force (TF) office.

The National Assembly's Finance and Economy Committee adopted the personnel hearing report on Lee without a vote at the plenary meeting held the previous afternoon.

In the report, the Finance and Economy Committee stated, "The nominee served as a professor in the Department of Economics at Seoul National University, conducting research on economic issues such as responses to the foreign exchange crisis. He also held positions such as Vice Chairman of the Financial Services Commission and Head of the Planning and Coordination Division of the G20 Summit Preparatory Committee, gaining government practical experience. Furthermore, he has been recognized for his diverse policy expertise and international experience through roles such as Senior Economist at the Asian Development Bank (ADB) and Director for Asia and Pacific at the International Monetary Fund (IMF)."

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