Lee Chang-yong, Governor of the Bank of Korea, Named 'Central Banker of the Year' for Asia-Pacific Region
Selected by Global Financial Magazine The Banker
Lee Chang-yong, Governor of the Bank of Korea, is delivering a New Year's address at the '2024 Pan-Financial New Year's Meeting' held on the 3rd at Lotte Hotel in Jung-gu, Seoul. Photo by Kang Jin-hyung aymsdream@
View original imageLee Chang-yong, Governor of the Bank of Korea, was selected as the Central Banker of the Year for the Asia-Pacific region by the global financial magazine The Banker.
On the 3rd, The Banker praised Governor Lee, stating that he "contributed to maintaining the strength of the Korean economy amid global economic struggles caused by inflation and recession."
It added, "Governor Lee adhered to a tight monetary policy in the face of rising prices," and noted that "the pace of Korea's inflation slowdown was faster than that of other advanced countries."
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Furthermore, it stated, "Governor Lee demanded control over household debt and necessary measures at both macro and microeconomic levels," and "also called for increased labor market participation of women and immigrants."
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