Yang Chin-long will be next governor of Taiwan’s central bank

FILE PHOTO: Taiwan's Central Bank Governor Perng Fai-nan gestures during a news conference in Taipei December 30, 2010. REUTERS/Pichi Chuang

Vastavam web: Yang Chin-long, deputy governor of Taiwan’s central bank, will replace Perng Fai-nan at the helm when the 79-year-old financial veteran retires next month, two sources with knowledge of the matter told Reuters on Saturday.According to the sources, Taiwan’s President Tsai Ing-wen has recently invited Perng to talks at the presidential palace in a last-ditch effort to persuade him to stay on as governor.Yang’s appointment must still be approved by the presidential palace.The central bank and presidential office could not be immediately reached for comment outside business hours.