As part of her sweeping government reforms, President Park Geun-hye reshuffled her Cabinet on this Friday morning.
She has nominated seven new ministers out of a total of 17.
For details on the nominees, let's go over to our presidential office correspondent Choi You-sun .
As highly expected, President Park has decided to change her finance minister, who also sits as the deputy prime minister.
The president's close aide and former ruling party floor leader Choi Kyung-hwan was nominated to replace Finance Minister Hyung Oh-seok.
The former bureaucrat's long-time experiences in economic policy-making, and later in parliament were highly noted in leading the president's three-year plan to revitalize the local economy.
President Park also named Choi Yang-hee , a professor of Computer Science and Engineering at Seoul National University as her new science and ICT minister.
The science and technology expert's career-long contributions to the development of convergence science and technology and innovative thinking were acknowledged in his nomination.
For the new education minister, who will also serve as the second deputy prime minister, Kim Myung-soo , the president of the Korean Educational Research Association and a professor at Korea National University of Education was named.
The presidential office took note of the educational community's confidence in the nominee as an experienced educational policy expert.
Kim is expected to succeed Mininster Seo Nam-soo , who was criticized for his inconsiderate behavior in response to April's ferry disaster.
Chong Jong-sup , meanwhile, was nominated to replace Security Minister Kang Byung-kyu, who also came under fire for the government's lax management of the ferry accident.
Chong, who comes from the field of law, is considered to be reform-minded and to have good communication skills, which would help him act as a bridge between the central and local governments.
As her new sports and culture minister, President Park has named Chung Sung-keun , the current president of Arirang TV and Radio.
Chung, a career journalist spent much of his career at Seoul Broadcasting System and Korea Broadcasting System.
The presidential office spoke of the nominee's excellent communication skills and understanding of the president's administrative philosophy.
Lee Ki-kweon , the former vice employment and labor minister was nominated the new head of the same ministry.
President Park is reported to have took note of Lee's field experiences in dealing with management and union negotiations.
Last but not least, to replace Gender Equality Minister Cho Yoon-sun, who was named the new senior presidential secretary for political affairs yesterday, ruling Saenuri Party lawmaker Kim Hee-jung was nominated.
During her political career, the nominee has participated in policies related to women and their rights at home and in the workplace.
As for the maritime minister, who had offered his resignation after recovery of the Sewol-ho ferry accident ends, the presidential office said he will stay put for now, at least until the situation comes to a close.
This has been Choi You-sun, reporting on President Park's latest Cabinet reshuffle.