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New Taiwan central bank governor named

2018/02/01 11:42:01

Central bank deputy governor Yang Chin-long

Taipei, Feb. 1 (CNA) Yang Chin-long (楊金龍), the current deputy governor of Taiwan's central bank, has been named by President Tsai-Ing wen (蔡英文) as the new governor of the bank, Executive Yuan spokesman Hsu Kuo-yung (徐國勇) announced Thursday.

Yang will succeed the well-respected incumbent head, Perng Fai-nan (彭淮南), who will retire later this month, Hsu said.

Hsu said that as a central bank veteran who has worked for the bank since 1989 and has served as the deputy governor of the bank since March 2008, Yang is well-suited to take the position.

The appointment was confirmed by Premier Lai Ching-te (賴清德) prior to Hsu making the announcement.

(By Ku Chuan and Frances Huang)