Seoul: Bank of Korea (BOK) Gov. Rhee Chang-yong will depart for Switzerland this week to attend meetings of central bank governors from member nations of the Bank for International Settlements (BIS), his office said Tuesday.

According to Yonhap News Agency, Rhee is scheduled to join his counterparts from BIS member countries in Basel for discussions on recent developments in the global economy and financial markets at the Global Economy Meeting, the Meeting of Governors, and the Economic Consultative Council from Saturday to next Tuesday.

As chair of the BIS Committee on the Global Financial System, Rhee will preside over a session addressing key global financial issues.

Ahead of his Swiss visit, Rhee is scheduled to visit Bangkok on Thursday to deliver a keynote speech at the Asia in 2050 Conference hosted by the International Monetary Fund (IMF).