BIS Secretary General: "Shin Hyunsong Provided Intellectual Leadership... Congratulations on Appointment as BOK Governor"

Secretary General de Cos Posts Congratulatory Statement on BIS Website

Pablo Hernandez de Cos, Secretary General of the Bank for International Settlements (BIS), congratulated Shin Hyun-sung, who will take office as Governor of the Bank of Korea on April 21, stating, "He has advanced the BIS's intellectual leadership and strategic direction, and developed research and analysis activities to support central banks."

Secretary General Hernandez de Cos made these remarks in a statement published on the BIS website on April 21, saying, "I sincerely congratulate Governor Shin on his appointment as Governor of the Bank of Korea."

He also noted, "(Governor Shin) has served as a key member of BIS management as part of the Executive Board."

Governor Shin is a macroeconomics and finance expert who has served as a professor at Oxford University, the London School of Economics, and Princeton University in the United States; an advisor to the Bank of England; a resident scholar at the International Monetary Fund (IMF); and a financial advisory board member at the Federal Reserve Bank of New York. Since 2014, he has held positions as Head of Research (Chief Economist), Economic Adviser, and Director of Monetary Policy at the BIS.

The National Assembly's Finance and Economy Planning Committee held a confirmation hearing for Governor-nominee Shin on April 15, and after discussions, adopted the confirmation hearing report on April 20. On the same day, President Lee Jaemyung also approved Governor Shin’s appointment.

Shin Hyun-sung, candidate for Governor of the Bank of Korea, is attending the confirmation hearing held by the National Assembly's Finance and Economy Planning Committee and responding to lawmakers' questions. 2026.4.15 Photo by Kim Hyun-min

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