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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 speeches (66)

All videos (103)

Video 18 Sep 2023
Media briefing on the BIS Quarterly Review, September 2023
Claudio Borio and Hyun Song Shin summarise the September 2023 Quarterly Review and answer journalists' questions about…
Video 25 Jun 2023
A blueprint for the future monetary system
Presenting the 2023 BIS Annual Economic Report, Hyun Song Shin says tokenisation might be the next major leap for the monetary…
Video 22 Jun 2023
BIS Media Briefing - Annual Economic Report 2023
Agustín Carstens, Claudio Borio and Hyun Song Shin brief the media on the main messages of the Annual Economic Report.
Video 20 Jun 2023
Improving the old, enabling the new
Hyun Song Shin explains the main elements of the unified ledger and how tokenisation can be a game changer for the monetary…
Video 19 Jun 2023
BIS Media Briefing - Blueprint for the future monetary system: improving the old, enabling the new
Hyun Song Shin briefs the media on the main messages of Chapter III of the Annual Economic Report. 
Video 21 Mar 2023
CBDCs: Keeping momentum in uncertain times
In this high-level panel recorded on 12 March 2023, Governors discuss the road ahead on CBDCs and share their lessons learnt on…
Video 24 Feb 2023
BIS Quarterly Review, March 2023 - media briefing
Claudio Borio and Hyun Song Shin brief the media on the key takeaways of the BIS March 2023 Quarterly Review.
Video 16 Feb 2023
Global value chains under the shadow of Covid
(Mr Shin starts at 00:02:40) The narrative surrounding global value chains (GVCs) and, more generally, the state of…
Video 8 Feb 2023
Keynote address: Digital payments and ecosystems
Jean Tirole discusses digital payments and ecosystems.

All podcasts (40)

00:11:49
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Podcast 8 Dec 2019
FX and OTC derivatives markets through the lens of the BIS Triennial Survey
Hyun Song Shin offers some key analytical insights on foreign exchange and OTC derivatives markets from the latest BIS…
0:00 0:00
00:39:56
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Podcast 1 Jul 2019
Why a strong dollar causes most of the world major pain
Hyun Song Shin discusses why a weaker dollar amounts to looser financial conditions for much of the world and gives his outlook…
0:00 0:00
00:14:18
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Podcast 30 Jun 2019
Big tech in finance
Hyun Song Shin discusses the entry of big tech companies into financial services and the new challenges this poses for…
0:00 0:00
00:22:25
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Podcast 9 Aug 2018
Bitcoin's big problem
Hyun Song Shin discusses the technological flaws that will likely prevent Bitcoin from becoming a more commonly used currency.
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