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Shin Hyun-song Appointed Bank of Korea Governor Amid Inflation

3/22/2026

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Summary

Story summary

Shin Hyun-song has been appointed as the new governor of the Bank of Korea, effective April 20.
President Lee Jae-myung selected Shin, who previously led the economic department at the Bank for International Settlements, to oversee policy amid inflation and growth uncertainties.
Shin aims for a balanced monetary policy prioritizing inflation, growth, and financial stability.
Shin's confirmation hearing is pending in the National Assembly.

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Story summary

Shin Hyun-song has been appointed as the new governor of the Bank of Korea, effective April 20.
President Lee Jae-myung selected Shin, who previously led the economic department at the Bank for International Settlements, to oversee policy amid inflation and growth uncertainties.
Shin aims for a balanced monetary policy prioritizing inflation, growth, and financial stability.
Shin's confirmation hearing is pending in the National Assembly.