Ilhyock Shim is Principal Economist at the Monetary and Economic Department of the Bank for International Settlements (BIS) Representative Office for Asia-Pacific in Hong Kong.

Dr Shim is Principal Economist at BIS Representative Office for Asia and the Pacific in Hong Kong. His primary responsibilities include conducting research on financial stability and market issues and organising high-level meetings for central banks. Before he was assigned to Hong Kong in 2007, he worked for the BIS in Basel for three years as an economist at the Financial Institutions and Infrastructure unit.

He began his career as a deputy director in the Korean government in April 1996. Between 1997 and 1999, he worked at the Korea Ministry of Finance and Economy as deputy director in charge of the deposit insurance system and financial sector restructuring during the Korean financial crisis.

From December 2009 to November 2010, he was an advisor to G20 Affairs Office of the Bank of Korea. Dr Shim obtained a Bachelor’s and a Master’s degree in Economics from Seoul National University and a PhD in Economics from Stanford University.