BOK hunts for successor to lead its research institute

by Kim Yeon-jae Posted : June 29, 2026, 15:51Updated : June 29, 2026, 15:51
A view of the Bank of Korea BOK captured on April 30 2026 AJP Yoo Na-hyun
The Bank of Korea (BOK)'s building is seen in central Seoul, in this photo taken on April 30, 2026. AJP Yoo Na-hyun
SEOUL, June 29 (AJP) - The Bank of Korea (BOK) is scouting for an economist who will head its affiliated research institute, the central bank said on Monday.

According to its open recruitment notice, the successful candidate, who will replace incumbent Lee Jae-won, a former professor at Seoul National University who took the role in 2023, will head the Economic Research Institute and be responsible for shaping the BOK's medium- to long-term research agenda as chief economist, regardless of whether the position is filled internally or externally.

Lee is scheduled to leave the post at the end of September and return to his alma mater.

Once hired, he or she will be responsible for setting the institute's overall direction, conducting research on monetary and financial issues, the financial system and macroeconomic developments, and managing domestic and international research exchanges.

Applicants must hold a doctorate degree and have at least 15 years of work experience at financial agencies or other institutions including the BOK, universities, or international organizations.

Expertise in central bank-related fields including monetary finance and macroeconomics would be a plus, according to the BOK.

Applications for the three-year contract position, which can be extended by up to two years, should be submitted by July 10, with candidates undergoing document screening, background checks, interviews and a medical checkup.

The successful candidate is expected to take up the post as early as October.