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Lee taps economist Shin Hyun-song as next BOK governor

Published: 22 Mar. 2026, 16:12

LIM JEONG-WON
[email protected]

Shin Hyun-song, Economic Adviser and head of the Monetary and Economic Department at the Bank for International Settlements (BIS), who was tapped as the next Bank of Korea governor on March 22, is seen in this file photo [NEWS1]

President Lee Jae Myung tapped Shin Hyun-song, an economist at the Bank for International Settlements (BIS), as the next Bank of Korea governor on Sunday.

“Shin is a global authority on international finance and macroeconomics equipped with both academic depth and practical insight,” presidential public communications secretary Lee Kyu-youn said in a press briefing on Sunday.

“He is the right person to achieve the monetary policy goals of price stability and national economic growth in a situation where global economic uncertainty has increased due to the Middle East crisis.”

Shin, who received his bachelor’s, master’s and doctorate degrees from Oxford University, has been a professor at the University of Southampton, Oxford University, the London School of Economics and Princeton University. He served as an adviser on international economic affairs to former President Lee Myung-bak in 2010.

Shin is currently Economic Adviser and head of the Monetary and Economic Department at the BIS, an international financial institution based in Basel, Switzerland.

BY LIM JEONG-WON [[email protected]]