Top office appoints national policy director, newly established fiscal policy adviser

President Lee Jae-myung appointed Kim Yong-beom, a former first vice minister of economy and finance, as his director of national policy on Friday, along with other appointments as his administration takes shape.

Kim Yong-beom, a former first vice minister of economy and finance, was appointed presidential director of national policy by President Lee Jae-myung on June 6. The picture shows Kim in 2020. [YONHAP]

President Lee Jae-myung appointed Kim Yong-beom, a former first vice minister of economy and finance, as his director of national policy on Friday.

Presidential chief of staff Kang Hoon-sik announced the new appointments and a reorganization plan for the presidential office in a briefing the same day.

Kang introduced Kim as a seasoned economist who previously served as a senior economist at the World Bank and first vice minister of economy and finance.

“He has a deep understanding of macroeconomic policy and a global perspective,” Kang said, adding that Kim also has experience in crisis response management from the Covid-19 pandemic. “He is the right person to implement President Lee’s campaign pledges and respond to the current livelihood crisis.”

The presidential office also created a new senior-level position — fiscal policy adviser — and named Ryu Deok-hyun, a professor at Chung-Ang University, to the post.

Other appointments included Ha Joon-kyung, a professor at Hanyang University, as the presidential office’s senior secretary for economic growth, and Moon Jin-young, a professor at Sogang University, as senior secretary for social affairs.

Translated from the JoongAng Ilbo using generative AI and edited by Korea JoongAng Daily staff. BY JANG GU-SEUL [shin.minhee@joongang.co.kr]