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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 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)

00:35:19
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Podcast 29 Jun 2022
Crypto, CBDCs, and designing money
Hyun Song Shin speaks to Chris Brummer about crypto, CBDCs, and designing money. More information about the podcast is…
0:00 0:00
00:17:30
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Podcast 21 Jun 2022
The future monetary system
What will the future of the monetary system look like? Hyun Song Shin presents a blueprint for the future monetary system as…
0:00 0:00
00:48:37
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Podcast 14 Jan 2022
The BIS in the age of digital money
Hyun Song Shin explains the role BIS plays in connecting central banks around the world to facilitate economic and financial…
0:00 0:00
00:47:08
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Podcast 24 Jun 2021
CBDCs and the future of central banking
Hyun Song Shin discusses the future of central bank digital currencies, as outlined in Chapter III of the 2021 Annual Economic…
0:00 0:00
00:29:55
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Podcast 23 Jun 2021
CBDCs - an opportunity for the monetary system
Benoit Coeuré and Hyun Song Shin discuss Chapter 3 of the Annual Economic Report on CBDCs and how the BIS sees them best…
0:00 0:00
00:26:41
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Podcast 23 Jun 2021
CBDCs: the BIS' annual overview
Hyun Song Shin discusses how central bank digital currencies can contribute to an open, safe and competitive monetary system…
0:00 0:00
00:45:47
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Podcast 2 Jul 2020
What central banks have learned from the crisis
Hyun Song Shin discusses the new policymaker toolbox that has emerged during the coronavirus crisis and what more needs to be…
0:00 0:00
00:10:49
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Podcast 24 Jun 2020
Central banks and payments in the digital era
Hyun Song Shin discusses how central banks, as guardians of the safety and integrity of the payment system, must keep evolving…
0:00 0:00
00:11:45
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Podcast 18 Dec 2019
The BIS Innovation Hub explained
Hyun Song Shin explains how the BIS Innovation Hub, a new project designed to support central bank collaboration on new…
0:00 0:00

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