ULAANBAATAR, May 17, 2023 - The World Bank announced the appointment of Taehyun Lee as its new Country Manager for Mongolia, effective May 15.
In his capacity, Lee will lead the World Bank's policy dialogue with government counterparts, civil society, the private sector, and other partners. He will also manage the World Bank country team based in Mongolia.
Lee will oversee the implementation of the World Bank Group - Mongolia Country Partnership Framework for 2021-2025, which aims to support Mongolia in overcoming the COVID-19 crisis in the short term while working towards a more sustainable, inclusive, and resilient recovery into the future.
During 2013-2017, Lee served as Senior Country Economist for Mongolia based in Ulaanbaatar. In that role, he led the World Bank's engagement in macroeconomic and fiscal policy, financial sector development, public financial management, and growth strategy and structural reform to support Mongolia's growth.
Prior to his current posting, Lee was as Lead Country Economist and Program Leader for Equitable Growth, Finance, and Institutions (EFI) Practice Group for Nepal, Sri Lanka, and Maldives. He joined the Bank in 2010. Prior to joining the World Bank, Lee worked at the Ministry of Finance of South Korea, focusing on economic policy, international finance and financial stability, and international economic and financial cooperation.
Lee holds a Ph.D. in economics from the University of Washington in Seattle, United States.
