In an unprecedented move reflecting South Korea’s deepening political volatility, Finance Minister Choi Sang-mok has once again assumed the dual roles of President and Prime Minister following the resignation of interim leader Han Duck-soo. This marks the second time in less than a year that Choi has taken on the nation’s top three leadership roles simultaneously, drawing both concern and cautious optimism about the country’s political trajectory.
Han Duck-soo, who had been serving in an acting capacity after the resignation of President Yoon Suk-yeol earlier this year, formally stepped down amid mounting pressure from both the ruling and opposition parties. Allegations of mismanagement during recent labor disputes and public unrest contributed to his exit. In the absence of a clear successor and with legislative gridlock hampering any long-term appointment, Choi was tapped as a consensus candidate capable of maintaining continuity and economic stability.
Widely respected for his calm demeanor and technocratic leadership, Choi brings decades of experience in public finance and governance. His previous tenure as interim head was marked by decisive moves to stabilize inflation, manage currency volatility, and lead negotiations on international trade, particularly with the United States and China. His return to the helm, however, comes at a more politically fragile time.
South Korea currently faces a multifaceted set of challenges. Internally, the country is grappling with a sluggish economy, aging demographics, and widespread youth disillusionment. Externally, tensions on the Korean Peninsula remain high. North Korea’s recent missile tests have escalated fears of a regional security crisis, while Russia’s outreach to Pyongyang has created new geopolitical complications. At the same time, Seoul continues to navigate complex trade negotiations with Washington, particularly regarding semiconductor exports and military defense collaboration.
Speaking at a press briefing shortly after his appointment, Choi emphasized the urgency of restoring public trust and maintaining institutional stability. “This is not a role I take lightly,” he said. “At a time of uncertainty, we must ensure that the state continues to function smoothly and responsibly. I intend to focus on preserving economic stability, ensuring national security, and preparing the path for a peaceful transition to a permanent government.”
The announcement has triggered mixed reactions in political and civil society circles. Supporters argue that Choi’s technocratic background and nonpartisan approach make him the ideal steward in a caretaker government. “He is exactly the type of leader we need—calm, professional, and focused on governance rather than political maneuvering,” said political analyst Kim Soo-jin.
Critics, however, warn of the dangers of consolidating too much power in a single unelected official. Civil rights groups have voiced concern over the precedent being set, especially given South Korea’s democratic history and past struggles against authoritarianism. “Even in an interim phase, power must be distributed and checked. Democracy is tested most in times of transition,” said Lim Eun-hee, a prominent constitutional law scholar.
Choi’s appointment is expected to be temporary, with parliamentary elections scheduled in the coming months. Still, how he navigates this period will likely shape South Korea’s political landscape—and its credibility on the global stage—for years to come.
