Korean appointed as new director of risks at World Bank Group

A Korean has been appointed as the new director of market and counterparty risk at the World Bank Group (WBG), the finance ministry said Sunday. Min Jee-nah, the former head of credit for state-owned enterprises and reinsurance at the Multilateral Investment Guarantee Agency (MIGA), will take on the role starting next month, the ministry added. She will become the fourth Korean national to take on a director-level position at the global financial institution, according to the ministry. The WGB, is a family of five international organizations that provides low-interest rate loans, policy advice and technical assistance to developing countries, with the goal of reducing poverty and increasing the income of such nations.

Latest News from Korea

  • Lee congratulates Trump, US citizens on 250th anniv. of American independence
    President Lee Jae Myung on Sunday congratulated U.S. President Donald Trump and the people of the United States on the 250th anniversary of American independence, referring to South Korea as a “precious partner” to the U.S. Lee wrote the message on X, formerly known as Twitter, as the U.S. commemorated the 250th anniversary of the nation’s founding Saturday. “The U.S.… Read more: Lee congratulates Trump, US citizens on 250th anniv. of American independence
  • Coupang’s US entanglement
    The decision by Republican members of the U.S. House of Representatives and the Trump administration to publicly accuse Korea of unfairly targeting Coupang marks a troubling escalation in bilateral tensions. What should have remained a regulatory dispute has now been elevated into a political and trade issue, with American politicians echoing allegations that Seoul is discriminating against a U.S.-owned e-commerce… Read more: Coupang’s US entanglement
  • Thinking in 3 languages
    The biggest lesson I have learnt about language did not come from my Korean classroom. It came while reading an English essay written by my Korean student. Until recently, I assumed learning a language was mostly about memorizing vocabulary and grammar. After all, that is what language classes often seem to revolve around. Now, after studying English, Chinese and Korean,… Read more: Thinking in 3 languages
  • Forrest green
    Forrest green
  • The ‘new’ 6.25 of Korean genealogy
    Americans call it the Korean War. Koreans call the three-year fratricidal war that broke out on June 25, 1950, the “yug-i-o,” meaning the day the war began. Like Dec. 7, 1941 (“a day that will live in infamy” — FDR), or Sept. 11, 2001, these were days so horrific that the event is known by that day as a numeric.… Read more: The ‘new’ 6.25 of Korean genealogy

Latest Entertainment from Korea

Learn People & History of Korea