Answer the question from the given passage. Your answer should be directly extracted from the passage, and it should be a single entity, name, or number, not a sentence.

Passage: Korean economist Hoesung Lee is the chair of the IPCC since October 8, 2015, following the election of the new IPCC Bureau. Before this election, the IPCC was led by his vice-Chair Ismail El Gizouli, who was designated acting Chair after the resignation of Rajendra K. Pachauri in February 2015. The previous chairs were Rajendra K. Pachauri, elected in May 2002; Robert Watson in 1997; and Bert Bolin in 1988. The chair is assisted by an elected bureau including vice-chairs, working group co-chairs, and a secretariat. Question: Who is the chair of the IPCC?
Hoesung Lee