Ex-ADB official Um Woo-chong named World Bank Group vice president
Um Woo-chong, a veteran international administrator and former senior official at the Asian Development Bank, has been appointed the inaugural head of the World Bank Group's new accountability mechanism, making him only the second Korean to reach the vice-president level at the global institution, the Ministry of Finance and Economy said Friday. The World Bank Group’s boards of directors named Um…
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.
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- Eom Woo-jong Named World Bank Vice President businesskorea.co.kr
- Ex-ADB official Um Woo-chong named World Bank Group vice president koreatimes.co.kr
