Changyong Rhee, Secretary General of the Presidential Committee for the G-20 Summit of the Republic of Korea, has been appointed the Asian Development Bank’s (ADB) new Chief Economist.

Rhee, a Korean national, was the Vice-Chairman of the Financial Services Commission as well as chairman of the Securities and Futures Commission, and has over 20 years experience as an economist, financial advisor and academic.

An expert in debt management and fixed income markets, he has worked in the past with ADB as a leading international consultant.

“I am honored and excited to join the ADB at a time when Asia’s global role is changing and expanding. I hope to contribute to ADB’s research capacity and reputation as the key development institution in the region,” Rhee said.

In the public sector, he has provided extensive policy support to the Korean government, including serving as a member of the National Economic Advisory Council in the Office of the President, and advisor to the Bank of Korea.

News: daily Sun/ Bangladesh/ Feb-18-2011