Published : Feb. 5, 2016 - 14:51
A Finance Ministry director will fill the World Bank executive director’s office, vacated by Eun Sun-soo, the ministry said Friday. Eun quit last month to run Korea’s sovereign fund Korea Investment Corp.
“World Bank on Feb. 3 appointed Choi Hee-nam as one of its executive directors,” the ministry said in a press statement.
Choi was previously the head of the Finance Ministry’s international finance bureau. He will serve out the remaining term of Eun, until Oct. 31.
Choi Hee-nam (Yonhap News)
World Bank, headquartered in Washington, has a president, who is traditionally an American, and 25 executive directors who represent over 180 member countries.
By Lee Sun-young (milaya@heraldcorp.com)
caption- Choi Hee-nam (Yonhap News)