President Kim Dae-Jung replaced 11 ministers among the 18 ministries and nine ministerial committees this morning.
Budget Finance Deputy Minister Jin Nyum was appointed to the post of finance-economy minister, and Song Ja, the Millennium Democratic Party`s chairman of the 21st Century Administrative Committee, was appointed as education minister.
Industrial Bank governor Lee Keun-Young was appointed to the post of chairman of the Finance and Banking Supervisory Committee.
Former head of the Industrial Advancement Administration Shin Kook-Hwan was appointed to the post of the deputy minister of commerce, industry and energy.
Vice chairman of the Fair Trade Commission Lee Nam-Kee was promoted to the post of the chairman of the commission.
Fair Trade Commission chairman Jeon Yun-Churl was appointed as budget-finance minister.
Han Kap-Soo, President of Korea Gas Corporation, was appointed as minister of agriculture and forestry.
Labor Minister Choi Sun-Jung was appointed as minister of health and welfare.
Chairman of the Fair Labor Commission Kim Ho-Jin replaced the outgoing minister of labor.
Former Representative Noh Moo-Hyun was appointed to the post of minister of maritime affairs and fisheries.
Another former representative, Chang Young-Chul, was appointed to the post of chairman of the Fair Labor Commission.