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Yonhap notes that "the Bank of Korea....>

SOUTH KOREA
SOUTH KOREA: Yonhap notes that "the Bank of Korea said Thursday that South
Korea's former top envoy to the U.S. and two others have been named as
candidates for new members of its monetary policy board. The three are Cho
Yoon-je, who served as the South Korean ambassador to the United States between
2017 and 2019; Suh Young-kyung, head of the Sustainable Growth Initiative; and
Joo Sang-yong, an economics professor at Konkuk University. Suh served as the
first female BOK deputy governor for three years until 2015 before heading the
Sustainable Growth Initiative, a think tank set up by the Korea Chamber of
Commerce and Industry. The three new members, whose nominations are subject to
approval by President Moon Jae-in, will replace outgoing members of the monetary
policy board -- Cho Dong-chul, Shin In-seok and Lee Il-houng -- on Monday. Koh
Seung-beom, who had been scheduled to step down, will keep his job as a board
member until 2023."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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