Statement on the appointment of Hyun Song Shin as Governor of the Bank of Korea
The General Manager of the BIS, Pablo Hernández de Cos, made the following statement today on the announcement that Hyun Song Shin has been appointed to serve as Governor of the Bank of Korea.
I want to warmly congratulate Hyun as he takes on the role of Governor of the Bank of Korea. Since he joined the BIS in 2014, Hyun has provided intellectual leadership and strategic direction to the work of the BIS, advancing our research and analytical work to support the central banking community, and has been a key member of the management of the Bank as part of our Executive Committee team.
Note to editors
It was previously announced that Hyun Song Shin will be succeeded by Hélène Rey, effective September 2026. In the interim, the Monetary and Economic Department will be led by Frank Smets as Acting Head of the Monetary and Economic Department.