Lee Hun Jai
Encyclopedia
Lee Hun Jai is a South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

n politician who had served as the acting Prime Minister of South Korea
Prime Minister of South Korea
The Prime Minister of the Republic of Korea is appointed by the President with the National Assembly's approval. Unlike prime ministers in the parliamentary system, the Prime Minister of South Korea is not required to be a member of parliament....

 twice, from May 19, 2000, to May 22, 2000, and from May 25, 2004, to June 30, 2004. Both times others were nominated to officially take that position and were confirmed by Parliament, while Lee was meant only as a temporary placeholder. Lee does not belong to any political party.

Education

Lee was born in Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

 on April 17, 1944. He graduated from Kyunggi High School
Kyunggi High School
Kyunggi High School is the oldest modern secondary school in Korea, and has educated many leaders of South Korean society. Before the abolition of high-school entrance exams, it was the highest-ranked school in the country. It is located in Gangnam-gu, Seoul, today one of South Korea's most...

 in 1962, and Seoul National University
Seoul National University
Seoul National University , colloquially known in Korean as Seoul-dae , is a national research university in Seoul, Korea, ranked 24th in the world in publications in an analysis of data from the Science Citation Index, 7th in Asia and 42nd in the world by the 2011 QS World University Rankings...

 with a bachelor degree in Law in 1966. Lee also earned his master degree in Economics from the collage of economics at Boston University in 1981 and MBA from Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...

 in 1982.

Career

After passing the 6th Examination for Higher Civil Service in 1968, Lee joined the Planning and Management of the Finance Ministry in 1969. He soon distinguished himself, helping to avert a currency crisis in 1973 which resulted from an oil shortage. He left the finance ministry in 1981 and rejoined the government later. He served as chairman of the South Korean Securities and Exchange Commission from 1991 to 1996 and as chairman of the Financial Supervisory Commission from 1998 to 2000. While in these positions he was known as a ruthless business and banking reformer. In January 2000 he became finance minister
Finance minister
The finance minister is a cabinet position in a government.A minister of finance has many different jobs in a government. He or she helps form the government budget, stimulate the economy, and control finances...

 for the first time and served in that position until August 2000. In February 2004 he became deputy prime minister and also became finance minister again. On March 7, 2005, he announced his resignation from these positions after he was implicated in a real estate scandal. He left office a week later after his replacement was chosen.

External links

이헌재 at Nate
Nate
Nate is a South Korean web portal, developed by SK Communications. In 2003, Nate acquired the online community service Cyworld, and in 2004, it achieved first place in local page views with a total of 3.8 million, surpassing rival Daum for the first time....

people
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