Finance minister Hong reshuffles senior staff

Kim Seong-wook

By Lee Kyung-min

Former spokesman for the Ministry of Economy and Finance, Kim Seong-wook, will take charge of the ministry's international finance bureau, the ministry said Monday.

The appointment is part of Finance Minister Hong Nam-ki's large-scale reshuffle of his senior staff.

The appointment of the international finance expert comes amid growing uncertainty in the global financial market.

Yoon Tae-sik

The Seoul National University economics major with a master's degree in public administration from Harvard Kennedy School in Massachusetts, U.S., is expected to play a key role in tackling a slew of challenges associated with lingering and unforeseen external uncertainties, compounded by a worse-than-expected slowdown on the domestic front.

Kim will bring decades of experience earned after having led key ministry offices whose work involved foreign finance and international organizations as well as regulatory reform. Kim will replace Yoon Tae-sik who moved to become the policy coordination director general.

Kim Yoon-sang, who has led key budget offices, was named the ministry's new spokesman.

Kim Yoon-sang

All three graduated from Seoul National University.

The ministry appointed Kim Kyung-hee as a director general of a budget office in charge of administrative and defense bodies.

The ministry said Kim is the first female official to serve in the senior position at the budget office, emphasizing her extensive experience and work performance backed by her leadership capabilities.

Kim Kyung-hee

The Yonsei University graduate with a master's in public administration from Harvard will oversee budget affairs involving the National Assembly, Supreme Court, Constitutional Court, Board of Audit and Inspection, National Election Commission, Office for Government Policy Coordination and Prime Minister's Secretariat.

Also under her budgetary supervision will be the ministries of foreign affairs, justice, and unification among others.

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