I HAD the honor of speaking at the 10th anniversary celebration of Seoul Center for Finance and Innovation Trust Fund last May 23 to 24 at Fairmont Ambassador Hotel in Seoul. This event marks the 10-year partnership between South Korea and the World Bank Group's Finance, Competitiveness and Innovation Global Practice.

Through contributions to the Seoul Center Korea Trust Fund that is managed and implemented by the Seoul Center for Finance and Innovation, the Ministry of Economy and Finance of Korea has supported financial sector stability and development in the East Asia and Pacific region. It has contributed $37.4 million to support 57 reforms throughout 2012-2022.