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Kim Yong-Beom, Presidential Chief of Staff for Policy, Resigns: Cheong Wa Dae

Kim Yong-beom stepped down after 15 months as Lee Jae Myung’s policy chief, as the president reshuffled six ministers amid falling approval ratings.

  • On Tuesday, President Lee Jae Myung accepted the resignation of chief presidential policy adviser Kim Yong-beom following a Cabinet reshuffle announced by the administration.
  • Public concerns over housing and rental costs weighed on sentiment, causing President Lee's approval rating to fall to 38.9% according to a Realmeter poll released on Aug 31, marking its first significant decline.
  • Speculation links Kim's departure to market turmoil surrounding single-stock leveraged ETFs. He served about 15 months as the administration's first presidential policy chief before stepping down.
  • Presidential spokesperson Kang Yu-jung confirmed the broader Cabinet reshuffle included new ministers covering key economic roles such as economy, finance, land, and trade positions.
  • The administration faces mounting pressure to stabilize public sentiment, as Realmeter polling shows housing and rental costs remain primary drivers of dissatisfaction among South Korean voters.
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12 Articles

The Straits TimesThe Straits Times
Reposted by
Free Malaysia Today NewsFree Malaysia Today News
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South Korea’s Lee accepts resignation of policy adviser following Cabinet reshuffle

Kim Yong-beom was a key adviser to Lee on economic policy. Read more at straitstimes.com.

·Singapore, Singapore
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Lean Right

The Blue House announced on the 1st that Kim Yong-beom, Chief of the Presidential Policy Office, has tendered his resignation. President Lee Jae-myung accepted his resignation. Kang Yoo-jung, the Senior Spokesperson for the Blue House, held a briefing this morning and stated, "Chief Kim tendered his resignation yesterday (the 31st of last month)." She added, "President Lee accepted the resignation today."

(Seoul = Yonhap News) Reporter Im Hyeong-seop = Kim Yong-beom, Chief of the Presidential Policy Office, stepped down from his position on the 1st.

·Seoul, Korea (the Republic of)
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Naver broke the news on Monday, August 31, 2026.
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