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Shih Jun-ji

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Shih Jun-ji
施俊吉
Chairperson of Financial Supervisory Commission
In office
August 2006 – 12 January 2007
Preceded byKong Jaw-sheng
Lu Daung-yen (acting)
Succeeded bySusan Chang (acting)
Hu Sheng-cheng
Personal details
Born (1955-08-10) 10 August 1955 (age 69)
Changhua County, Taiwan

Shih Jun-ji (Chinese: 施俊吉; born 10 August 1955) is a Taiwanese economist who served as the second chairman of the Financial Supervisory Commission after Kong Jaw-sheng was removed from office.

Education

Shih earned a doctorate in economics from National Taiwan University. As a student, he led a demonstration which protested the White Terror, a period of political suppression that began after the 228 Incident of 1947.[1]

Career

After graduation, Shih did research with the Academia Sinica, then joined the Fair Trade Commission from 1998 to 2001.[1]

Financial Supervisory Commission chairmanship

He was appointed to the Financial Supervisory Commission in July 2006, and named FSC chairman in August of that year.[1] During Shih's tenure as FSC chairman, the Rebar Chinese Bank filed for bankruptcy protection, which caused a bank run that led to NT$19 billion in losses and eventual government takeover of the financial institution.[2][3][4] He resigned on 12 January 2007, shortly after the takeover announcement, to take responsibility for the Rebar scandal and was succeeded by Susan Chang on an interim basis, before Hu Sheng-cheng took office.[5][6]

Other government work

Shih returned to the Academia Sinica's Institute of Social Science after resigning the FSC chairmanship.[7][8] He was named the economic adviser to Tsai Ing-wen's 2016 presidential campaign.[9] Shortly before she won the election, the US-China Economic and Security Review Commission reported that Shih could be chosen as a financial adviser in Tsai's administration.[10] Tsai's premier Lin Chuan selected Shih as a minister without portfolio in April 2016. Shih was in charge of economic and communications policies, and led trade negotiations.[11]

References

  1. ^ a b c Chung, Amber (5 August 2006). "New FSC chief vows to rebuild trust in watchdog". Taipei Times. Retrieved 20 March 2016.
  2. ^ Chung, Amber (15 January 2007). "Analysis: Rebar scandal shows FSC defects". Taipei Times. Retrieved 20 March 2016.
  3. ^ Chuang, Jimmy (13 January 2007). "Su performs scandal damage control". Taipei Times. Retrieved 20 March 2016.
  4. ^ Shih, Hsiu-chuan (8 January 2007). "Insolvencies will be investigated: Su". Taipei Times. Retrieved 20 March 2016.
  5. ^ "Hu appointed chairman of FSC". Taipei Times. 26 January 2007. Retrieved 20 March 2016.
  6. ^ Chung, Amber (13 January 2007). "FSC chief resigns, Cabinet approves". Taipei Times. Retrieved 20 March 2016.
  7. ^ Shan, Shelley (29 September 2012). "Experts call for temporary media-monopoly rules". Taipei Times. Retrieved 20 March 2016.
  8. ^ Lee, I-Chia (24 October 2011). "Block media merger, say academics". Taipei Times. Retrieved 20 March 2016.
  9. ^ Lee, Justina; Sung, Chinmei (12 November 2015). "China's Isolation Strategy Squeezes Taiwan's Exporter Sector". Bloomberg. Retrieved 5 April 2016.
  10. ^ Lowther, William (8 January 2016). "Economic issues are driving Taiwan's elections: US report". Taipei Times. Retrieved 20 March 2016.
  11. ^ Loa, Lok-sin (8 April 2016). "Lin Chuan introduces future Cabinet". Taipei Times. Retrieved 8 April 2016.
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