Business / Economy

China's finance official takes up AMRO head post

(Xinhua) Updated: 2016-04-05 08:01

VIENTIANE - A Chinese finance official will be the next director of the ASEAN+3 Macroeconomic Research Office (AMRO), sources said Monday.

The AMRO Executive Committee has decided to appoint Chang Junhong, an official with China's Ministry of Finance, as the next AMRO director, according to the Chinese delegation attending the ASEAN+3 Finance and Central Bank Deputies Meeting here.

Chang is currently serving as the deputy director general of the international economic relations department of the finance ministry.

Her term as AMOR head will be for three years, starting on May 27, 2016.

The appointment was made based on the recommendation by an interview panel comprising of 6 deputies members from ASEAN+3 countries, in line with the competitive international recruitment practice.

Established in April 2011 by ASEAN+3 countries (ASEAN, China, Japan and Korea), AMRO is a Singapore-based independent regional surveillance unit to monitor and analyze regional economies and support the implementation of Chiang Mai Initiative Multilateralization.

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