Ministry of Economy and Finance Replaces 83 of 117 Department Heads to "Revitalize Organizational Atmosphere"

2023 Manager-Level Regular Personnel Appointment

[Asia Economy Sejong=Reporter Joo Sang-don] The Ministry of Economy and Finance conducted a large-scale personnel reshuffle, replacing more than 70% of director-level positions.

The Ministry announced on the 10th that it will carry out a regular personnel reshuffle for director-level positions effective on the 13th.

A Ministry official explained, "Out of a total of 117 director positions, 82 (70.1%) were replaced to induce a revitalization of the organizational atmosphere. Through active cross-appointments between the offices of the first and second vice ministers, we expanded personnel exchanges between departments to simultaneously enhance organizational productivity and individual capabilities."

The head of the Tax Policy Division, which oversees taxation, is Lee Jae-myeon, the current head of the Property Tax Division, and the head of the Budget General Division is Jang Yoon-jung, the current head of the Budget Policy Division.

For the first time, a woman, Jang Yoon-jung, head of the Budget Policy Division, was appointed as the head of the Budget General Division. The proportion of female directors also increased, rising from 17.6% (21 people) last year to 20.5% (24 people), marking the first time that the female director ratio exceeded 20% of the total.

The head of the Fiscal Management General Division is Yoo Hyung-sun, the head of the Economic Structural Reform General Division is Hwang In-woong, the head of the Future Strategy Division is Shim Kyu-jin, the head of the External Economy General Division is Shim Hyun-woo, and the head of the Public Policy General Division is Jeong Yu-ri.

One of the features of this personnel reshuffle is the breaking away from seniority-based appointments. As a result, the number of directors from the 48th to 50th cohorts increased from 9 last year to 21, accounting for 17.9% of all directors. The number of director-level officials born in the 1980s also increased from 2 last year to 5.

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