South Korea’s chief presidential policy adviser, Kim Yong-beom, has officially resigned from his position, according to an announcement from the Blue House on Tuesday. The resignation follows a broader cabinet reshuffle ordered by President Lee Jae-myung, intended to address a recent slide in the president's approval ratings.

Kim, who served as a central figure in shaping the administration’s economic and domestic policy agenda, submitted his resignation on Monday. His portfolio included oversight of sensitive national issues such as housing policy and stock market volatility. While the Blue House confirmed the departure, the administration has not yet named a permanent successor to take over the economic policy portfolio.

During his tenure, Kim faced significant public and political criticism regarding his handling of economic challenges. The reshuffle is widely viewed by political analysts as an attempt by the Lee administration to reset its policy direction and regain public trust following a period of economic instability. While the resignation is presented as a routine part of the cabinet reorganization, the timing underscores the pressure the current administration is under to improve its performance metrics.