Presidential Committee for the G-20 Summit | Director General of Global Financial Architecture Bureau |
Yongbeom Kim is Director General of Global Financial Architecture Bureau in the Presidential Committee for the G-20 Summit. His work portfolios include international financial institutions reform, economic development, and financial regulatory reform.
Just prior to assuming this current position in November 2009, he was Director General and Head of Post Insurance Unit of the Korea Post, one of top five insurers in Korea with assets of USD 22 billion.
Previously, during March 2008-March 2009, Dr. Kim was Deputy Assistant Chairman of the Presidential Council on National Competitiveness (PCNC), an institution of the new Administration mandated to spearhead rejuvenation and to enhance growth potential of the national economy. He also oversaw the financial regulatory reform team within the PCNC.
During March 2005-Feburuary 2008, he was Deputy Secretary for Economic Policies in the Office of the President of Korea and as the Director of Banking System Division in the Ministry of Finance and Economy.
Dr. Kim gained much exposure overseas to international financial issues. He oversaw various projects at the World Bank during July 2000-Feburuary 2005 as Senior Financial Economist, ranging from capital market development and to financial regulations. He was actively involved in various World Bank Financial Sector country programs, including Indonesia, Egypt, Croatia, Kenya, Tanzania and Uganda, but with a strong expertise and focus on China.
Dr. Kim began his public service in 1988 as Deputy Director in Korea’s Ministry of Finance where he gained extensive experience through the Treasury (1988-92), Capital Markets (1996-99) and Financial System (2000) Divisions. His Ministry tenure was highlighted with major roles assumed in financial sector restructuring, corporate governance reform, privatization, and capital market development initiatives during the nation’s intense recovery period of 1997-2000 following the Asian financial crisis.
Dr. Kim received his doctorate in economics from George Washington University on a Fulbright Scholarship (1992-96). Earlier, he graduated from Seoul National University (magna cum laude) and continued on to earn an M.P.A.