Chae Song-hak explained

Chae Song-hak
Native Name Lang:	ko
Office:	President of the Central Bank
Term Start:	18 January 2021
President:	Kim Jong Un
Premier:	Kim Tok-hun
Predecessor1:	Kim Chon-gyun
Party:	Workers' Party of Korea
Office2:	Vice Chairman of the Port Authority of Rason City
Termend2:	2010
Termstart2:	2005
Term End:	28 September 2023
Successor:	Paek Min Gwang

Chae Song-hak (; born) is a North Korean politician who served as the President of the Central Bank of the Democratic People's Republic of Korea from 2021^{[1] [2]} to 2023.^[3] He was also the Vice Chairman of the Port Authority of Rason City from 2005 to 2010.^[4]

Career

Rason City

As the Vice Chairman of the Port Authority in Rason, Chae was reportedly instrumental in the idea and establishment of its free-trade zone.^[5]

President of the Central Bank

Chae was appointed as President of the Central Bank in January 2021 to succeed Kim Chon-gyun. Due to his position, he then became a member of the 14th Cabinet of North Korea. He was also named as a member of the Central Committee.^[6]

Notes and References

1. Web site: bryanbetts . 2021-12-17 . How COVID-19 is giving a boost to North Korea's central bank. 2023-02-06 . . en-US.
2. Web site: 2021-02-10 . Members of DPRK Cabinet Appointed KCNA Watch . 2023-02-06 . 2021-02-10 . https://web.archive.org/web/20210210132316/https://kcnawatch.org/newstream/1610922033-846461152/members-of-dprk-cabinet-appointed/ . bot: unknown .
3. News: 28 September 2023 . Members of DPRK Cabinet Newly Appointed . . 28 September 2023.
4. Web site: 2012-02-02 . Introduction to North Korea's Rason Economic Trade Zone . 2023-02-06 . Sino-NK . en-US.
5. Web site: Rason news from Germany . 2023-02-06 . North Korean Economy Watch . en-US.
6. Web site: Official Notice of 4th Plenary Meeting of 8th WPK Central Committee . 2023-02-06 . DPRK Today.