Samiksha Jaiswal (Editor)

Shih Jun ji

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Preceded by
  
Lin Junq-tzer

Succeeded by
  
John Deng

Nationality
  
Republic of China

Preceded by
  
Kong Jaw-sheng Lu Daung-yen (acting)

Born
  
10 August 1955 (age 61) Changhua County, Taiwan (
1955-08-10
)

Alma mater
  
Fu Jen Catholic University Soochow University National Taiwan University

Education
  
Soochow University, Fu Jen Catholic University, National Taiwan University

Shih Jun-ji (Chinese: 施俊吉; pinyin: Shī Jùnjí; born 10 August 1955) is a Taiwanese economist who served as the second chairman of the Financial Supervisory Commission from 2006 to 2007 after Kong Jaw-sheng was removed from office. Shih served concurrently as Governor of Taiwan Province and minister without portfolio in 2016. Later that year, he was named chair of the Taiwan Stock Exchange.

Contents

Education

Shih obtained his bachelor's degree in business administration from Fu Jen Catholic University in 1978, master's degree in economics from Soochow University in 1980 and doctoral degree in economics from National Taiwan University in 1984. 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.

Career

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

Financial Supervisory Commission chairmanship

He was appointed to the Financial Supervisory Commission in July 2006, and named FSC chairman in August of that year. 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. The Enterprise Bank of Hualien, independent of Rebar, was also declared insolvent and placed under the purview of the FSC. Shih 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.

Other government work

Shih returned to the Academia Sinica's Institute of Social Science after resigning the FSC chairmanship. He was named the economic adviser to Tsai Ing-wen's 2016 presidential campaign. 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. 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. He was named chairman of the Taiwan Stock Exchange in June 2016 and assumed the position on July 1.

References

Shih Jun-ji Wikipedia