On May 2, AMRO Executive Committee, which comprises of the Deputies of ASEAN +3 Finance Ministries and Central Banks, endorsed the appointment of Mr Huntae Lee as AMRO Deputy Director 1 (Administration) and Mr Yasuto Watanabe as AMRO Deputy Director 2 (CMIM, Strategy & Coordination) by the AMRO Director.

Both appointments are made based on the recommendation by an interview panel consisting of six members from ASEAN +3 countries and AMRO Director, in line with the competitive international recruitment practice.

Mr Lee is currently serving as Director, International Financial Cooperation Division, Ministry of Strategy and Finance, Republic of Korea and Mr Watanabe is currently serving as Assistant Commissioner, Financial Service Agency, Japan.

Their term will be for three years and three months, commencing on June 27, 2016.