Bank of Korea Appoints Lee Daegeon as New Financial Markets Director, Kim Shinyoung as International Department Director
Follow-up appointments after naming deputy governor and Economic Research Institute head
The Bank of Korea announced on October 7 that it had appointed Lee Daegeon, deputy director of the Financial Operations Department, as the new director of the Financial Markets Department, and Kim Shinyoung, head of the Foreign Exchange Analysis Division in the International Department, as director of the International Department.
The appointments follow the appointment earlier that morning of Choi Young-joo, director of the Financial Markets Department, as deputy governor in charge of international finance and cooperation, and Yoon Kyung-soo, director of the International Department, as head of the Economic Research Institute.
Lee is an expert in financial markets and the financial system, having worked in the Financial Stability Department, the Financial Markets Department, and the Office of Sustainable Growth.
Lee Daegeon, Director General of the Bank of Korea's Financial Markets Department (left), and Kim Shinyoung, Director General of the BOK's International Department. Bank of Korea
View original image"We expect him to contribute to enhancing the effectiveness of monetary policy by conducting in-depth analysis of financial market issues and ensuring a seamless policy response when market volatility increases," the Bank of Korea said.
Kim is regarded as an international finance expert, having worked in departments related to international finance, including the International Department, the Reserve Management Group, and the New York Representative Office.
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The Bank of Korea said, "He has built extensive work experience and a high level of expertise through his work primarily in departments related to international finance. Given his experience managing the foreign exchange market stably as head of the Foreign Exchange Market Team, we expect him to demonstrate his capabilities in stabilizing the foreign exchange market and analyzing international financial market issues in response to changes in the global economic environment.
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