Ahn Dong-hyun has been named new president of the Korea Capital Market Institute, the economic think tank said Tuesday.

Ahn who currently serves an economics professor at Seoul National University, will head the institution for the next three years after taking office on Thursday. 


He will replace former president Shin In-seok who left his post in March when the Bank of Korea tapped him as a member of monetary policy board.

The new president also serves as a member of National Economic Advisory Council, a consultative body for the president, and the Financial Reform Committee.

Established in 1992 as Korea Securities & Economic Research Institute, the KCMI provides research and insights into the country’s capital market and financial industry.

The institution’s global research partners include the World Bank, Asian Development Bank and Center for Euroean Policy Studies.

By Park Han-na (hnpark@heraldcorp.com)