Chae Song-hak

Chae Song-hak is a North Korean politician who served as the President of the Central Bank of the Democratic People's Republic of Korea from 2021 to 2023. He was also the Vice Chairman of the Port Authority of Rason City from 2005 to 2010.

Career

Rason City

As the Vice Chairman of the Port Authority in Rason, Chae was reportedly instrumental in the idea and establishment of its free-trade zone.

President of the Central Bank

Chae was appointed as President of the Central Bank in January 2021 to succeed Kim Chon-gyun. Due to his position, he then became a member of the 14th Cabinet of North Korea. He was also named as a member of the Central Committee.