President Lee Jae Myung appointed six new ministers in a major cabinet reshuffle on Sunday [1].
The reset comes as the administration enters its second year, signaling a shift in policy direction and the formation of a second-term cabinet [2].
Among the most significant appointments is Lee Hyoung-il, who will serve as the Deputy Prime Minister and Minister of Economy and Finance [1]. Lee Hyoung-il is a veteran technocrat [3].
The reshuffle replaces six ministers in total [4]. According to reports, the changes include the filling of key roles dedicated to artificial intelligence [4].
President Lee said the changes in Seoul on Aug. 30, 2026 [1]. The move allows the president to align his leadership team with the evolving goals of his administration as it moves past its first year of governance [2].
“President Lee Jae Myung appointed six new ministers in a major cabinet reshuffle”
This reshuffle indicates a strategic pivot by President Lee to prioritize economic stability and technological advancement. By appointing a veteran technocrat to lead finance and creating specific roles for AI, the administration is signaling a shift toward technical expertise and future-proofing the economy during the critical second year of its term.
