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Hyun Song Shin

Hyun Song Shin

Governor, Bank of Korea

Hyun Song Shin was BIS Economic Adviser from May 2014 to March 2026 and also served as Head of the Monetary and Economic Department from January 2025.

Mr Shin has a background in academia. Before coming to the BIS in May 2014, he was the Hughes-Rogers Professor of Economics at Princeton University, having previously held appointments at Oxford University and the London School of Economics. He has been an intellectual leader in the fields of banking, international finance and monetary economics, topics on which he has published widely, both in leading academic and official publications.

One area of recent focus has been in developing the BIS's work agenda on digital innovation and the financial system, laying out the implications for users, financial intermediaries and the central bank. Mr Shin was part of the BIS management team that developed the BIS Innovation Hub, and served as its Interim Head at its launch in 2019.

Mr Shin is a Korean national. In 2010, while on leave from Princeton University, he served as Senior Adviser to the Korean president, taking a leading role in formulating financial stability policy in Korea and developing the agenda for the G20 during Korea's presidency.

All BIS publications (77)

All videos (103)

Video 19 Oct 2021
Overcoming "Original Sin" to secure policy space
Janeway Institute Launch, University of Cambridge.
Video 12 Oct 2021
Global Standards for Digital Currencies
Speakers: Hyun Song Shin, Viral Acharya, Thomas Philippon and Isabel Schnabel
Video 6 Oct 2021
Research session: Implications of big tech in finance
Chair: Hyun Song Shin (Economic Adviser / Head of Research, BIS) Jorge Padilla (Senior Managing Director, Compass Lexecon) …
Video 1 Oct 2021
Lessons for the Future
Implications of Federal Reserve Actions in Response to the COVID-19 Pandemic, Federal Reserve Bank of New York.
Video 29 Jun 2021
Central bank digital currencies: an opportunity for the monetary system
 In his speech at the 91st BIS AGM, Hyun Song Shin lays out the design choices that can help put  central bank digital…
Video 28 Jun 2021
BIS Media Briefing - Annual Economic Report 2021
Carstens, Pereira, Borio and Shin brief the media on the main messages of the Annual Economic Report. 
Video 23 Jun 2021
CBDCs and the future of payments
Hyun Song Shin discusses central bank digital currencies design features, potential points of friction and data privacy, as…
Video 23 Jun 2021
CBDCs - an opportunity for the monetary system
Hyun Song Shin discusses how central bank digital currencies are moving from concept to practical design, renewing the…
Video 22 Jun 2021
BIS Media Briefing - CBDCs: an opportunity for the monetary system
Shin and Cœuré brief the media on the main messages of Chapter III of the Annual Economic Report.

All podcasts (40)

00:59:03
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Podcast 23 Jun 2025
BIS media briefing - The next-generation monetary and financial system
Hyun Song Shin and Andréa M Maechler brief the media on the main messages of Chapter III of the Annual Economic Report 2025.
0:00 0:00
00:35:29
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Podcast 10 Mar 2025
Media briefing on the BIS Quarterly Review, March 2025
Hyun Song Shin summarises the March 2025 BIS Quarterly Review and, along with Gaston Gelos and Frank Smets, answers journalists…
0:00 0:00
00:46:22
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Podcast 9 Dec 2024
Media briefing on the BIS Quarterly Review, December 2024
Claudio Borio and Hyun Song Shin summarise the December 2024 Quarterly Review and answer journalists' questions about financial…
0:00 0:00
00:32:03
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Podcast 16 Sep 2024
Media briefing on the BIS Quarterly Review, September 2024
Claudio Borio and Hyun Song Shin summarise the September 2024 Quarterly Review and answer journalists' questions about…
0:00 0:00
00:38:24
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Podcast 29 Aug 2024
How big the Yen carry trade really is
Interview with Hyun Song Shin, Economic Adviser and Head of the Monetary and Economic Department. He walks us through the…
0:00 0:00
00:21:19
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Podcast 25 Jun 2024
AI and the economy: implications for central banks
Hyun Song Shin discusses the benefits and challenges for central banks of the latest artificial intelligence technology. 
0:00 0:00
00:33:20
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Podcast 3 Apr 2024
Media briefing on the launch of Project Agorá
Cecilia Skingsley and Hyun Song Shin explain the BIS's new project to test the tokenization of commercial and central bank…
0:00 0:00
00:32:21
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Podcast 4 Mar 2024
Media briefing on the BIS Quarterly Review, March 2024
Claudio Borio and Hyun Song Shin summarise the March 2024 Quarterly Review and answer journalists' questions about financial…
0:00 0:00
00:37:10
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Podcast 4 Dec 2023
Media briefing on the BIS Quarterly Review, December 2023
Claudio Borio and Hyun Song Shin summarise the December 2023 Quarterly Review and answer journalists' questions about financial…
0:00 0:00

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