Kwon Ki-hong Reappointed as Chairman of the 5th Shared Growth Committee
Raising Expectations for Continuity of Win-Win Growth Policy through Reappointment
[Asia Economy Reporter Kim Cheol-hyun] Kwon Ki-hong, Chairman of the Win-Win Growth Committee, has been reappointed as the 5th chairman. With Chairman Kwon able to continue his term for another two years, various win-win growth policies he promoted, such as the 'Wage Gap Reduction Movement,' are expected to gain renewed momentum.
On the 18th, the Win-Win Growth Committee (hereafter Win-Win Committee) held its 60th meeting at the Sheraton Seoul Palace Hotel and passed the agenda for Chairman Kwon's reappointment. The Win-Win Committee explained that it unanimously resolved to appoint Chairman Kwon as the 5th chairman based on recommendations from various economic organizations and related institutions.
Chairman Kwon took office as the 4th chairman of the Win-Win Growth Committee in February 2018 and has actively led the 'Innovation-driven Wage Gap Reduction Movement,' securing cooperation worth approximately 11 trillion KRW through 'Wage Gap Reduction Agreements' with 50 large corporations and public institutions. Additionally, he expanded the culture of win-win growth to local regions through the 'Innovation Growth Tour' with three local governments. Establishing a continuous response system for large and small-medium enterprises' win-win growth through the 'Technology Innovation Win-Win Growth Online Platform' is also considered a major achievement.
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With this reappointment, Chairman Kwon becomes the first chairman to serve consecutive terms since the Win-Win Committee's inception in 2010. Accordingly, consistency in win-win growth policies is expected to be maintained. Chairman Kwon stated, "While strengthening the core tasks of the Win-Win Committee, such as the Win-Win Growth Index and designation of suitable industries, we will also actively respond to social issues like the innovation-driven wage gap reduction movement."
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