South Korea central bank's top seat caught in Moon-Yoon feud

Post remains empty as president-elect faces bitterly divided government

20220331N Bank of Korea REUTERS

The Bank of Korea is without a governor ahead of a monetary policy meeting on April 14. © Reuters

YOSUKE ONCHI, Nikkei staff writer

SEOUL -- As a former senior official at the International Monetary Fund, Rhee Chang-yong seemed like a natural pick as chief of the Bank of Korea, South Korea's central bank. Instead, lawmakers have yet to hold a confirmation hearing, and the retirement of Gov. Lee Ju-yeol on Thursday has left a vacant seat at the top of the institution.

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