A Korean woman has been promoted to director at the World Bank. The bank on Tuesday said Water and Sanitation Program manager So Jae-hyang (52) has been appointed director of the Concessional Finance and Global Partnerships.
That makes her the highest-ranking Korean at the World Bank.
Two Koreans including former Hyundai Engineering and Construction chairman Chung Hoon-mok served as directors at the World Bank in the past, but they were not from the rank and file of the bank.
So began working for the World Bank 22 years ago.
World Bank President Jim Yong Kim is a Korean American who holds U.S. citizenship, but So is a Korean citizen.
The Concessional Finance and Global Partnerships is in charge of managing funds to be provided to emerging countries.
So was born in Seoul and moved to the U.S. after middle school. She has a bachelor's degree in economics and a MBA from Stanford University.