Taipei-Most of the incumbent Cabinet members will retain their positions in the new Cabinet, with only a minor reshuffle expected when Premier-designate Lai Ching-te (???) takes office later this week, a source familiar with the matter said Tuesday.
Acting Economics Minister Shen Jong-chin (???) will be confirmed as minister, and all the other Cabinet members will stay on, except for Financial Supervisory Commission (FSC) Chairman Lee Ruey-tsang (???) and Chen Tain-jy (???), who currently serves concurrently as a minister without portfolio and chief of the National Development Council, the source said.
Chen Mei-ling (???), the incumbent secretary-general of the Cabinet, will take over the vacancies left by Chen Tain-jy, while Wellington Koo (???), chairman of the Ill-gotten Party Assets Settlement Committee, will become chairman of the FSC, according to Cabinet spokesman Hsu Kuo-yung (???).
Ruling Democratic Progressive Party Deputy Secretary-General Cho Jung-tai (???) will succeed Chen Mei-ling as the next Cabinet secretary-general, Hsu said.
Koo's vacancy, meanwhile, will be filled by Lin Feng-jeng (???), an adviser to the National Security Council, according to the source.
On Tuesday, President Tsai Ing-wen (???) named Lai as the next premier, replacing Lin Chuan (??), who tendered his resignation the previous day.
Taiwan Stock Exchange Corp. (TWSE) Chairman Shih Jun-ji (???) will be the new vice premier.
Lin's Cabinet is expected to resign en masse Thursday, after which a new Cabinet will be sworn in Friday.
Source: Focus Taiwan News Channel