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ROK president names new head of central bank

SEOUL, March 23 (Xinhua) -- South Korean President Roh Moo-hyun on Thursday appointed Lee Seong-tae, deputy governor of the Bank of Korea (BOK), as new governor of the central bank, the Presidential Office announced.

The 61-year-old Lee will succeed incumbent BOK Governor Park Seung, whose four-year tenure is to expire at the end of this month, it said.

Lee has held major posts with the BOK since he joined the bank in 1968 after graduating from Seoul National University's College of Commerce the same year.

He worked in the bank's departments of monetary policy, research, and budget and management before being promoted to the post of deputy governor in 2003.
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ROK president names new head of central bank

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