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SK Group Chairman Choi Tae-won was elected solely as the next Chairman of the Korea Chamber of Commerce and Industry. Accordingly, President Choi is expected to be the next head of the Korean Chamber of Commerce through the final procedure later this month. President Choi is the first to become the president of the Korea Awards as the head of the four major national groups. Hearing the news of the exclusive appointment, Chairman Choi said, “I will consider what can be done for the business and the national economy.”
In the corporate world, expectations are high for the appointment of the director of the four major national groups as president of the Korea Prize. Right now, the weight as an economic organization is expected to increase. As Chairman Choi has always emphasized the creation of corporate social value, he is expected to gain momentum with the spread of environmental, social and governance (ESG) management, which has recently emerged as a hot topic.
Unanimous search … President Choi replied “contemplating the national economy”
The presidency of the Seoul Chamber of Commerce held a meeting of the presidency at the Chamber of Commerce in Jung-gu, Seoul on the morning of the 1st and unanimously elected President Choi as the successor to President Park Yong-man. The meeting was attended by 13 Seoul presidents, including Park Yong-man, Seoul Chancellor and Daehan Sang-sang, Lee In-yong, president of Samsung Electronics, Gong Young-woon, president of Hyundai Motors, and Kwon Young-soo. vice president of LG. .
Immediately after the meeting, President Park said, “I unanimously decided to elect President Choi Tae-won alone.” “Now I will apply for the acceptance of the candidate position.” According to custom, President Choi will finally be elected president of the Seoul Prize at the general meeting of the Seoul Council on 23 this month. Next, the chairman of the Daehan Sang, who has also served as the chairman of Seoul Sangsang, is scheduled to be elected at the general meeting of the Korean Sangsang on the 24th of next month.
President Choi assumed the leadership of the corporate world following the generation of his father, the late President Choi Jong-hyun. President Choi Jong-hyun served as president of the National Federation of Entrepreneurs from 1993 to 1998. Until now, Korea’s main economic organization was the FKI, but since the government-led non-governmental crisis, all four groups withdrew. of them and, although they could not regain their status, Daehan Sangga has established itself as a representative economic organization.
Interest in the role of director of four large groups … Is ‘ESG management’ blowing in the business world?
With President Choi being virtually confirmed as head of the Korean Chamber of Commerce, there are signs of change in the business world. President Choi, known as the ‘ESG evangelist’, is expected to focus on injecting social values, saying: “Businesses should not only make money but also solve social problems.” President Choi has emphasized corporate social responsibility while accelerating “ESG management” for many years. In addition, since President Choi has always emphasized win-win growth and win-win growth, there are observations that he will take the lead in cooperation between large and medium-sized enterprises and small business owners.
Although expectations for President Choi are high, there are not few assignments. Korea Sang-Ang, Korea’s largest comprehensive economic organization, has 180,000 member companies, including large domestic companies and SMEs. Coordinated positions and voices of member companies must be properly communicated to the government. President Choi is also responsible for coordinating twisted corporate regulations, including the Severe Disaster Punishment Law and the Profit Sharing System, which are the latest business issues. The unprecedented new coronavirus infection (Corona 19) should also jumpstart morale in the business world, which has stalled due to the prolonged draw. A business official said: “In a situation where there are many pending issues such as overcoming the crown and fostering future growth engines, it is expected that if the head of an economic group with a strong sense becomes the head of the economic group, will be able to keep the center. “
Kijoong kim reporter [email protected]
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