TWSE chairman to serve as vice premier

2017/09/05 18:48:06 fontsize-small fontsize-default fontsize-big
CNA file photo

CNA file photo

Taipei, Sept. 5 (CNA) Taiwan Stock Exchange Corporation (TWSE) Chairman Shih Jun-ji (施俊吉) said Tuesday that he has accepted an offer to serve as Taiwan's next vice premier.

Shih, 62, told reporters that Premier-designate Lai Ching-te (賴清德) had discussed the offer with him and that he was deeply honored to accept the position.

Shih said he will continue to use his expertise and experience to help advance Taiwan's economic development.

A former economics professor at National Taiwan University, Shih entered the public service for the first time in 2006, serving for a year as chairman of the Financial Supervisory Commission in the administration of former President Chen Shui-bian (陳水扁).

Shih was appointed as minister without portfolio after Tsai Ing-wen (蔡英文) took office as president in May 2016, and has been serving as chairman of the TWSE since July last year.

On Tuesday, Tsai named Lai to replace Lin Chuan (林全), who tendered his resignation the previous day.

Lin's Cabinet is expected to resign en masse on Thursday, after which a new Cabinet will be sworn in Friday.

Also Tuesday, Cabinet spokesman Hsu Kuo-yung (徐國勇) said he will retain his position in the new Cabinet, and all the incumbent ministers without portfolio will also stay on, except for Chen Tain-jy (陳添枝), who serves concurrently as minister of the National Development Council.

Chen Mei-ling (陳美伶), currently secretary-general of the Cabinet, will take over the vacancies left by Chen Tain-jy, while Wellington Koo (顧立雄), chairman of the Ill-gotten Party Assets Settlement Committee, will become chairman of the Financial Supervisory Commission, according to Hsu.

Ruling Democratic Progressive Party Secretary-General Cho Jung-tai (卓榮泰), meanwhile, will succeed Chen Mei-ling as the next Cabinet secretary-general, Hsu said.

(By Tien Yu-pin and Y.F. Low)

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