New Chief of the Office for Government Policy Coordination Likely to Be Visit Kyoo, President of the Export-Import Bank

Kang Kyoo Bang, President of the Export-Import Bank of Korea, attended the National Assembly's audit on the Export-Import Bank of Korea and the Korea Minting and Security Printing Corporation held by the National Assembly's Planning and Finance Committee on the 13th, responding to questions from lawmakers. Photo by Dongju Yoon doso7@

[Asia Economy Reporter Ki-min Lee] It has been reported that Bang Moon-kyu (60), president of the Export-Import Bank of Korea, is likely to be appointed as the new Minister for Government Policy Coordination under the Yoon Seok-yeol administration.

According to the Presidential Office on the 3rd, Bang, along with other candidates, is being vetted for the Minister for Government Policy Coordination position. Bang is an economic official who passed the 28th Administrative Examination and has served as Director of Fiscal Policy at the Ministry of Planning and Budget, spokesperson for the Ministry of Economy and Finance, Budget Director, and Second Vice Minister. He also served as Vice Minister of Health and Welfare from 2015 to 2017.

Bang is recognized for his capabilities even under progressive governments. During the Roh Moo-hyun administration in 2006, he was dispatched as an administrative officer and was responsible for planning and designing the national long-term development plan, 'Vision 2030.' In 2018, during the Moon Jae-in administration, he served as chairman of the Gyeongnam Economic Innovation Promotion Committee at the request of Kim Kyung-soo, then governor of Gyeongnam Province. Since October of the following year, he has been serving as president of the Export-Import Bank, a policy bank under the Ministry of Economy and Finance.

The appointment of the Minister for Government Policy Coordination came after Yoon Jong-won, president of IBK Industrial Bank of Korea, who was effectively nominated earlier, voluntarily resigned on the 28th of last month amid opposition from the ruling party due to his background as economic chief under the Moon Jae-in administration.

Park Sung-geun, a lawyer at Barun Law LLC, is reportedly the leading candidate for Chief of Staff to Prime Minister Han Duck-soo. Park served as a prosecutor at the Seoul High Prosecutors' Office and as head of the Suncheon branch of the Gwangju District Prosecutors' Office. He has experience working at the Ministry for Government Policy Coordination when Han was Prime Minister during the Roh Moo-hyun administration from 2007 to 2009. Notably, he participated as a specialist member of the Planning and Coordination Subcommittee of the Presidential Transition Committee immediately after President Yoon's election.

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