Bank of Korea Names New Senior Deputy Governor

The Bank of Korea appointed Kwon Min-soo as its new senior deputy governor on Wednesday. He will begin a three-year term on the monetary policy board starting Friday.

People walk on a zebra crossing in front of the buliding of Bank of Korea in Seoul, South Korea, July 14, 2016. REUTERS/Kim Hong-Ji

The Bank of Korea appointed Kwon Min-soo as its new senior deputy governor, filling a key leadership post in South Korea. Kwon moves into the central bank's seven-seat monetary policy board following the announcement. The appointment places a veteran official at the center of national monetary decisions.

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