Financial expert appointed Taiwan premier - KMOV.com

Financial expert appointed Taiwan premier

TAIPEI, Taiwan (AP) -- Newly re-elected President Ma Ying-jeou has named a financial expert as Taiwan's premier in a Cabinet reshuffle.

Incumbent Vice Premier Sean Chen will replace Wu Den-yih, who's been elevated to the vice-presidency following elections on Jan. 14.

Ma said Tuesday he expects Chen to help steer Taiwan through the European debt crisis and global economic uncertainty with his financial and legal expertise.

The new premier immediately announced a Cabinet lineup heavy with economic and financial experts aimed at helping Taiwan's export-driven economy deal with waning overseas demand for its goods.

Ma's second term begins in May.

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