S Korea’s central bank board member Koh nominated to head financial regulator

Seoul, South Korea. Photo by Emile-Victor Portenart on Unsplash

South Korean President Moon Jae-in nominated central bank board member  Koh Seung-beom on Thursday as the new chief of the Financial Services Commission (FSC) regulatory body, in a move to address the continued buildup of household debt.

If appointed after the National Assembly hearing, Koh will replace current Chairman Eun Sung-soo, who took office in September 2019.

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