Korean central bank seeks external candidate to run reserves management

bank-of-korea
Bank of Korea building in Seoul

The Bank of Korea is seeking to hire a new head for its reserve management division in a bid to better manage the South Korean central bank's foreign exchange reserves, a spokesperson for the central bank tells Asia Risk. As part of its efforts to improve performance, the central bank is looking to recruit externally for the post – a first for such a senior role – instead of promoting from within its own ranks.

The central bank is looking to fill the position on a three-year contract basis, whic