• Lee Jae-Myung Steps Down As Gyeonggi Governor
(Photo: Yonhap)

Gyeonggi Province Governor Lee Jae-myung announced Monday he is stepping down from the post to focus on his presidential bid.

In a press conference, Lee, the presidential nominee for the ruling Democratic Party, said he wants to build a nation that is envied by the world.

He was elected to the governorship in June 2018 and is resigning with eight months left in his term.

By law, he is required to resign at least 90 days before the election or by Dec. 9.

The resignation will be effective on Tuesday.

The remainder of his term will be carried out by Oh Byoung-kwon, the first lieutenant governor for administrative affairs.

South Korea's 20th presidential election will be held in March 2022.

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