Park Geumcheol, Former Director of Tax Policy Bureau, Appointed as New President of International Finance Center

Veteran Economic Bureaucrat from the 37th Civil Service Examination

The International Finance Center announced on the 17th that Park Geumcheol, former Director of the Tax Policy Bureau at the Ministry of Strategy and Finance, has been appointed as its new president.

President Park graduated from the Department of Economics at Seoul National University and entered public service after passing the 37th Higher Civil Service Examination. He has held key positions in economic policy, tax policy, policy advisory to the minister, national fiscal management, and international economy and cooperation at the Ministry of Finance and Economy and the Ministry of Strategy and Finance.

He also built expertise in the global economy and international financial markets, serving as Senior Economist at the Organisation for Economic Co-operation and Development (OECD) and as Minister-Counselor at the Embassy of the Republic of Korea in China.

President Park is scheduled to hold his inauguration ceremony on April 20 in the main conference hall of the International Finance Center, officially beginning his three-year term, which will include monitoring trends in international financial markets.

An official from the International Finance Center stated, "With rising uncertainty and volatility in the external environment, President Park's appointment is expected to strengthen the Center’s core functions of international financial market monitoring and early warning for Korea’s external sector, as well as contribute to developing the organization into a more specialized analytical institution."

The International Financial Center announced on the 17th that Park Geumcheol, former Head of the Tax Policy Bureau at the Ministry of Strategy and Finance, has been appointed as the new director. Yonhap News

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