S. Korea's central bank chief elected to BIS board

The chief of the Bank of Korea has been elected to the highest decision-making body of the Bank for International Settlements, Seoul's central bank said Tuesday. BOK Gov. Shin Hyun-song was elected to the 18-member board of the Switzerland-based BIS on Monday and began his three-year term, the BOK said in a press release. With Shin's election, South Korea has maintained a seat on the board since 2019. The board makes decisions on the policy direction of the BIS, consisting of 63 central banks ac

By The Korea Herald