Taiwan appoints deputy Yang Chin-Long as new central bank governor
[TAIPEI] Taiwan central bank deputy governor Yang Chin-long is to succeed governor Perng Fai-nan, signalling continuity in monetary policy.
Mr Yang, 64, will replace Mr Perng, one of the world's longest-serving central bank governors, cabinet spokesman Hsu Kuo-yung said at a briefing in Taipei on Thursday.
Selecting Mr Yang, a top lieutenant to Mr Perng who joined the central bank in 1989, signals policymakers are aiming for consistency and stability.
BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Japan frets over relentless yen slide as BOJ keeps ultra-low rates
Rescue pup to meme star: the real-life ‘Dogecoin’ dog
Five new charges for money laundering accused Zhang Ruijin before his plead guilty mention
Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years
Weak yen pressures Bank of Japan’s interest rate decision
Basel Committee adds climate risks to banking supervision standards