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governor

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Senior official appointed as BOK's No. 2

International finance expert Kwon Min-soo will join the Bank of Korea’s rate-setting committee as senior deputy governor.

2026.8.21

Nominee for Bank of Korea Gov. Shin Hyun-song walks into a meeting in Jung District, central Seoul, on April 1. [YONHAP]

BOK chief nominee's assets — mostly in foreign currencies — raise red flags

The assets of the nominee for the Bank of Korea (BOK) governor, Shin Hyun-song, have raised red flags, with an overwhelming majority of his financial assets denominated in foreign currencies, raising the prospect of conflict-of-interest concerns.

2026.4.5

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Shin Hyun-song, the head of the Monetary and Economic Department at the Bank for International Settlements, speaks at a conference held at the central bank in Seoul on Dec. 17, 2024. Shin has been tapped by President Lee Jae Myung on Sunday as the next governor to lead the Bank of Korea, [NEWS1]

President Lee taps BIS monetary head Shin Hyun-song to be next BOK governor

President Lee Jae Myung on Sunday tapped Shin Hyun-song, head of the Monetary and Economic Department at the Bank for International Settlements (BIS), as the new governor to lead the Bank of Korea (BOK).

2026.3.22

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]

Lee taps economist Shin Hyun-song as next BOK governor

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.

2026.3.22

Kim Young-hwan, governor of North Chungcheong, arrives at the People Power Party's office in Yeongdeungpo District, western Seoul, on March 17. [YONHAP]

Police request arrest warrant for North Chungcheong governor over alleged bribery

Police on Tuesday requested an arrest warrant for Kim Young-hwan, governor of the central province of North Chungcheong, on bribery charges. The Chungbuk Provincial Police Agency applied for the warrant on charges of violating the antigraft law.

2026.3.17

Actor Myung Kae-nam speaks at a supporters' rally for then-presidential candidate Lee Jae Myung at a venue in Namyangju, Gyeonggi on May 26, 2025. [NEWS1]

Actor Myung Kae-nam named Hwanghae Province governor

Veteran actor Myung Kae-nam has taken on an unlikely new role as governor of Hwanghae Province — territory Seoul formally claims under its constitution but does not control in practice.

2026.3.2

Sen. Cory Booker speaks at New Jersey Democratic gubernatorial candidate Mikie Sherrill's election night party in East Brunswick, New Jersey, on Nov. 4. [AP/YONHAP]

Democrat Mikie Sherrill elected governor of New Jersey, defeating Trump-endorsed opponent

U.S. Rep. Mikie Sherrill was elected governor of New Jersey on Tuesday, shoring up Democratic control of a state that has been reliably blue in presidential and Senate contests but has shown signs of shifting to the right in recent years.

2025.11.5

Moravia-Silesia Governor Josef Bělica speaks during a media roundtable hosted by the Czech Embassy in Seoul, in Jongno District, central Seoul, on Oct. 13. [SEO JI-EUN]

Czech's Moravia-Silesia seeks Korean partners to transform into AI innovation hub

Czech Republic's Moravia-Silesia region, home to Hyundai Motor's only European plant, is reinventing itself as an AI and defense innovation hub as its governor courts new Korean partners during his visit to Seoul this week.

2025.10.13

Bank of Korea (BOK) Governor Rhee Chang-yong speaks during a press conference at the BOK headquarters in Jung-gu, central Seoul, on Aug. 28. [JOINT PRESS CORPS]

Bank of Korea governor to speak at IMF event this week

Bank of Korea (BOK) Gov. Rhee Chang-yong will depart for Washington this week to deliver a lecture at a prestigious annual event hosted by the International Monetary Fund (IMF), the central bank said Tuesday.

2025.9.16

Wes Moore, governor of Maryland, speaks during an interview with the JoongAng Ilbo in central Seoul on April 16. [JOONGANG ILBO]

'I believe in fair trade': Maryland Gov. Wes Moore says Trump's tariffs bad for ties with Korea

Wes Moore, the governor of Maryland, met with acting President Han Duck-soo in Seoul during his first trip to Asia to shore up ties with local companies for his state.

2025.4.22