Rhee, a Korean national, was the vice-chairman of the Financial Services Commission as well as chairman of the Securities & Futures Commission, and has over 20 years experience as an economist, financial advisor and academic.

An expert in debt management and fixed income markets, he has worked in the past with ADB as a leading international consultant.

In the public sector he has provided extensive policy support to the Korean government, including serving as a member of the National Economic Advisory Council in the Office of the President, and advisor to the Bank of Korea.

In the private sector, he has advised Shinhan Bank and Woori Investment and Securities Company, among others.

He has also been the director of the financial market think tank, the Korea Fixed Income Research Institute.

In his role as chief economist, Rhee will act as ADB’s spokesperson on economic issues and head its Economics and Research Department which carries out policy research on development challenges facing Asia and the Pacific.