NEW SOUTH KOREAN PREMIER KIM HYON - CH'OL

Created: 7/10/1962

OCR scan of the original document, errors are possible

CENTRALNCE AGENCY OFFICE OF CUSJtENT INTELLIGENCE2

EUlcI'ISYrs

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CURRENT INTELLIGENCE &IEWORANDUM

SUBJECT: Now South Korean Premier Kim Hyon-ch'ol

1. The press this morning raports theof Kim Hyon-ch'ol as new Premier of Southosition which had been taken over by junta leader Pak Chong-hui last month after Song Yo-chan'sonuno. Pak Chong-hui remains as Acting President and as head of Supreme Council for National Reconstruction.

2. Kim Hyon-ch'ol, who was named Director of the Economic Planning Agency Just last month, has twice served as Finance Minister and has also held theof Minister of Reconstruction, Economic and Vice Minister of Agriculture and Forestry. Sympathetic to the Liberal Party, Kimloseto former president Syngrian ithee.

>. Kim was born in1 and was graduated from Keijo Engineering College in Seoul He served as a teacherissionary-operated girls school in Wonsan for three years before coming to the United States to continue his education atPolytechnic Institute. He wasfrom Lynchburg) and Columbia andh.D. degree in political science and economics from Kim then joined the foreign affairsof the "Korean Provisional Government" inwhich waa headed by Rhee, and6 hemember of Rhee's "Korean Commission" in Washington. TVorld War II Kim was an economist with the United States Board of Economic Welfare and served concurrently

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an treasurer of the Korean Commission. After the war he served with tho Pentagon, Office of Strategicand the ROK Embassy in Washington. Returning to Koreain was appointed Deputy Director of the now-abolished Office ofosition ho hold 4 he traveled to the United States as part of President Rhea's entourage, and5 be was an ROK representative to tbe International Monetary Fund. Proa February until July of5 Kin was Vice Ministor of Agrlculturo and Forestry, after which time he became Minister of Finance 5 to. In May6 ho became Minister ofand also Economic Coordinator, positions he held until being reappointed Minister of Finance

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