Executive

Position	Name		Tenure
Governor	RHEE, Chang Yong	career background	Apr. 21. 2022 ~ Apr. 20. 2026
GovernorRHEE, Chang Yong Education Feb. 1984 Seoul National University, Korea (B.A. in Economics) Jun. 1989 Harvard University, U.S.A. (Ph.D. in Economics) Professional Experience Sep. 1989Assistant Professor of Economics, University of Rochester Sep. 1992Visiting Fellow, The World Bank Feb. 1994Assistant Professor of Economics, Seoul National University Feb. 1998Associate Professor of Economics. Secoul National University Mar. 2003Professor of Economics, Seoul National University Mar. 2008Vice Chairman, Financial Services Commission Chariman, Securities and Futures Commission Nov. 2009Secretary General and Sherpa, Presidential Committee for the 2010 G-20 Seoul Summit Mar. 2011Chief Economist, Asian Development Bank Feb. 2014Director, Asian and Pacific Department, International Monetary Fund Apr. 2022Governor, Bank of Korea
Senior Deputy Governor	Lee Seungheon	career background	Aug. 21, 2020 ~ Aug. 20, 2023
Senior Deputy Governor Lee Seungheon Education Feb. 1991B.A., Economics, Seoul National University, Korea May. 2001Master of Business Administration(MBA), Emory University, U.S.A Professional Experience Aug. 2020Senior Deputy Governor, Bank of Korea Jun. 2019Deputy Governor, Bank of Korea Jun. 2017Director General, International Department Jul. 2016Press Officer Feb. 2015Head, International Planning & Coordination Team, International Department Feb. 2014Head, Foreign Exchange Market Team, International Department Mar. 2013Head, Capital Flows Analysis Team, International Department Mar. 2011IMF Executive Director Office (Dispatched from the Bank) Apr. 2006Senior Assistant to Committee Member, Monetary Policy Committee Office Mar. 2005Senior Economist, Monetary Policy Planning & Coordination Team, Monetary Policy Department May. 2002Manager, Information Systems Development Team, Information Systems Management Department May. 2001Assistant Chief, Financial Markets Analysis Team, Financial Markets Department Mar. 1996Analyst, Credit Policy Division, Monetary Policy Department Jan. 1991Joined the Bank of Korea
Deputy Governor	Park Jongseok	career background	Jul. 25, 2019 ~ Jul. 24, 2022
Deputy Governor Park Jongseok Education Feb. 1987B.A., Economics, Seoul National University, Korea Feb. 1989M.A., Economics, Seoul National University, Korea Professional Experience Jul. 2019Deputy Governor, Bank of Korea Jul. 2016Director General, Monetary Policy Department May 2015Advisor to Governor Feb. 2013Head, Monetary Policy Planning & Coordination Team, Monetary Policy Department Feb. 2012Head, Monetary Analysis team, Monetary Policy Department Aug. 2011Head, Monetary Policy Research Team, Monetary Policy Department Apr.2008Senior Representative, London Representative Office Apr.2004Senior Economist, Equity Market & Corporate Finance Team, Financial Markets Department May 2002Manager, Committee Administration Team, Monetary Policy Committee Office May 1999Economist, Monetary Analysis Team, Research Department May 1998Ministry of Foreign Affairs(Dispatched from the Bank) Mar. 1994Assistant Economist, Money & Banking Division, Research Department Jan. 1992Joined the Bank of Korea
Deputy Governor	Lee Hwanseok	career background	Mar. 09, 2020 ~ Mar. 08, 2023
Deputy Governor Lee Hwanseok Education Feb. 1991B.A., Economics, Yonsei University, Korea May. 2005Ph.D., Economics, Univ. of Illinois, USA Professional Experience Mar. 2020Deputy Governor, Bank of Korea Mar. 2018Director General, Research Department Jul. 2016Director General, Financial Markets Department Mar. 2015Director, Monetary Policy Board Secretariat Feb. 2013Lead Economist, Representative in Washington D.C Feb. 2012Head, Monetary Policy Research Team, Monetary Policy Department Mar. 2009Senior Economist, Monetary Policy Planning & Coordination Team, Monetary policy Department Apr. 2006Senior Assistant to Board Member, Monetary Policy Board Secretariat May. 1999Economist, Financial System Team, Research Department Sep. 1996Assistant Economist, Research Department Sep. 1994Assistant Manager, Human Resources Management Division Feb. 1991Assistant Economist, Research Department Jan. 1991Joined the Bank of Korea
Deputy Governor	Bae Joonsuk	career background	Nov. 24, 2020 ~ Nov. 23, 2023
Deputy Governor Bae Joonsuk Education Feb. 1988B.A., Law, Korea University, Korea Feb. 1990M.A., Law, Korea University, USA Jul. 2008Ph.D., Law, Indiana Univ., USA Professional Experience Nov. 2020Deputy Governor, Bank of Korea Jun. 2019Director General, Planning & Coordination Department Jul. 2016Director, Office of Legal Affairs Jan. 2016Head, General Legal Affairs Team, Office of Legal Affairs Feb. 2015Head, Financial System Research Team, Financial Stability Department Feb. 2012Head, Non-Bank Analysis Team, Financial Stability Department Feb. 2009Senior Economist, Research Department May. 2005Manager, Human Resources Management Team, Human Resources & Administration Department May. 2000Economist, Credit & Reserves Policy Team, Monetary Policy Department May. 1998Economist, Monetary Policy Research Team, Monetary Policy Department Jan. 1991Joined Bank of Korea
Deputy Governor	Min Jwahong	career background	May. 17, 2021 ~ May. 16, 2024
Deputy Governor Min Jwahong Education Feb. 1987B.A., International Economics, Seoul National University, Korea Feb. 1989M.A., International Economics, Seoul National University, Korea Professional Experience May. 2021Deputy Governor, Bank of Korea Mar. 2019Director General, Financial Stability Department Jun. 2018Director General, Payment & Settlement Systems Department Feb. 2018Advisor to Governor Feb. 2015Deputy Director General for Livelihood Economy, Ministry of Economy and Finance(Dispatched from the Bank) Jul. 2014Head, International Affairs Strategy & Coordination Team, International Affairs Department Feb. 2013Head, Financial Markets Team, Financial Markets Department Feb. 2012Head, Money Markets Team, Financial Markets Department Mar. 2009Senior Economist, Market Operations Team, Financial Markets Department Feb. 2006Senior Manager, Human Resources Management Team, Human Resources & Administration Department Jun. 2003Economist, Institute for Monetary & Economic Research Jan. 1989Joined Bank of Korea
Deputy Governor	Lee SangHyeong	career background	Jul. 22, 2021 ~ Jul. 21, 2024
Deputy Governor Lee SangHyeong Education Feb. 1989B.A., International Economics, Seoul National University, Korea Feb. 1993M.A., International Economics, Seoul National University, Korea Feb. 2006MBA, KAIST, Korea Professional Experience Jul. 2021Deputy Governor, Bank of Korea Jul. 2019Director General, Monetary Policy Department Oct. 2017Advisor to Governor May. 2015Head, Monetary Policy Planning & Coordination Team, Monetary Policy Department Feb. 2013Head, Monetary Policy Research Team, Monetary Policy Department Feb. 2008Senior Assistant to Board Member, Monetary Policy Board Secretariat Feb. 2007Senior Economist, Monetary Policy Planning & Coordination Team, Monetary Policy Department May. 2002Economist, Fixed Income Markets Team, Financial Markets Department Jan. 1993Joined Bank of Korea

The executive of the Bank of Korea consists of executive officers and employees. The executive officers are the Governor, the Senior Deputy Governor, and the five or fewer Deputy Governors.

The Governor, appointed by the President on the deliberation of the State Council, represents the Bank. The term of the Governor is four years and he or she may be reappointed for a single consecutive term. The Governor conducts policies formulated by the Monetary Policy Board as the chief executive officer of the Bank. He or she also keeps the Board informed of current matters requiring its attention and provides it with materials and advice necessary for the resolution of its policies. In addition, the Governor may attend and state his or her opinion on matters related to money and credit at the State Council.

The Senior Deputy Governor assists the Governor and is appointed by the President upon the recommendation of the Governor.

The Deputy Governors are appointed by the Governor and undertake their respective duties in the manner stipulated in the Articles of Incorporation of the Bank of Korea.

The term of the Senior Deputy Governor and each of the Deputy Governors is three years and they may be reappointed for a single consecutive term.

In terms of its organizational structure, the Bank has 16 departments in its Head Office in Seoul, and 16 branches in major cities. In addition, it has five overseas representative offices in principal international financial centers. The total number of employees was 2,288 as of December 2016.