World Bank Appoints Kim Sang-bu as Vice President for Digital Transformation

First Korean to Reach Top Executive Position

On the 30th (local time), the World Bank appointed Kim Sang-bu, former Head of Google Consumer Public Policy Asia-Pacific, as Vice President for Digital Development. The position of Vice President for Digital Development was newly established this year by the World Bank to promote the development of developing countries through digital transformation.

Vice President-designate Kim Sang-bu was selected through a global open competition. He has built over 27 years of expertise in the digital field, spanning leading domestic and international digital companies such as Google and LG Uplus, as well as the former Ministry of Information and Communication, covering both public and private sectors.

This is the first time a Korean has advanced to the World Bank's highest-level position of Vice President since Korea joined the World Bank in 1955.

The Ministry of Economy and Finance evaluated this appointment as the result of the high-level cooperative relationship between the World Bank and the Korean government, including two meetings between President Yoon Suk-yeol and World Bank President Ajay Banga.

The Ministry stated, "We expect that the appointment of Vice President Kim Sang-bu will serve as a foundation for expanding cooperation projects with the World Bank related to the digital economy," and added, "We will continue to support the advancement of Korean talents into senior positions in international financial institutions."

This content was produced with the assistance of AI translation services.