Eom Woo-jong Named World Bank Vice President
A Korean national has once again been appointed to a vice presidential post, one of the core positions within the World Bank Group, further consolidating the country’s standing in international financial institutions.The Ministry of Economy and Finance said on Nov. 6 that Eom Woo-jong, former Secret
Korean national Eom Woo-jong has been appointed as the inaugural Vice President of the World Bank Group's Independent Accountability Mechanism. This appointment comes after Kim Sang-bu's recent appointment as Vice President for Digital and Artificial Intelligence. Eom, who served as Secretary General of the Asian Development Bank from 2021 to 2024, brings over 30 years of experience in international development cooperation and finance.
The Independent Accountability Mechanism, a newly-established body, combines various oversight functions to enhance the accountability and transparency of World Bank Group operations. The Ministry of Economy and Finance highlighted Eom's appointment as a testament to Korea's elevated standing in the international community and plans to use this as an opportunity to further promote Korean talent in international organizations.
Written by urgent.news from BusinessKorea's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Ex-ADB official Um Woo-chong named World Bank Group vice president koreatimes.co.kr
