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Korean economist Shin Hyun-song was named economic adviser and head of the research unit of the Bank for International Settlements, the Swiss-based organization said on Tuesday.
It is the first time that the global banking organization headquartered in Basel has appointed a non-American, non-European to the key advisory post.
Shin became a professor of economics at Princeton University in 2006 and is currently on an unpaid leave of absence for his five-year term at the BIS.
The economist had also served as an adviser to then-President Lee Myung-bak on the Group of 20 Seoul Summit in 2010.
By Chung Joo-won (joowonc@heraldcorp.com)
It is the first time that the global banking organization headquartered in Basel has appointed a non-American, non-European to the key advisory post.
Shin became a professor of economics at Princeton University in 2006 and is currently on an unpaid leave of absence for his five-year term at the BIS.
The economist had also served as an adviser to then-President Lee Myung-bak on the Group of 20 Seoul Summit in 2010.
By Chung Joo-won (joowonc@heraldcorp.com)
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Articles by Korea Herald
