Kim Shin-bae, Hanjin Kal Director Candidate: "Lack of Expertise?... The Essence of Management Is the Same"

[Asia Economy Reporter Jang Hyowon] Kim Shin-bae, a candidate for inside director of Hanjin KAL, responded to criticisms about his lack of expertise in the airline industry by saying that the essence of management is the same.

Kim Shin-bae, candidate for inside director (former SK Vice Chairman), is making a presentation at the shareholders' alliance press conference for the normalization of Hanjin Group held on the 20th at the Glad Hotel in Yeouido, Yeongdeungpo-gu, Seoul. Photo by Kim Hyun-min kimhyun81@

On the 20th, Kim Shin-bae, a candidate for inside director of Hanjin KAL, said at the 'Shareholders' Alliance Press Conference for the Normalization of Hanjin Group' held at the Glad Hotel in Yeouido, Seoul, in response to the criticism that he lacks expertise in the airline industry, "Just as when you climb one high mountain you can see other peaks, the essence of management is the same."

Candidate Kim said, "The Wallenberg family in Sweden has a holding company that appoints CEOs and personnel of each affiliate based on objective analysis and only provides management consulting," adding, "If I become the representative of Hanjin KAL, I plan to entrust management to experts in each company like the Wallenberg family."

Kim Shin-bae, a candidate for inside director of Hanjin KAL, was recommended by the shareholders' alliance on the 13th as a professional management candidate for Hanjin KAL. Candidate Kim has served as Vice Chairman of SK Group, Vice Chairman of SK C&C, and CEO of SK Telecom. He is currently the chairman of the POSCO board of directors.

Kang Sung-bu, CEO of KCGI, said, "Japan Airlines (JAL) in Japan was a company that posted a deficit of 500 billion won annually and had a very high debt ratio, but now it has turned into a 2 trillion won surplus and the company most desired by university students," adding, "The manager who made this possible was a former CEO of Kyocera in Japan."

Kyocera in Japan is an IT company that manufactures electronic devices, information devices, solar cells, ceramics, and more. It was explained that the JAL management from Kyocera was an IT expert with an engineering background.

CEO Kang said, "The Kyocera-origin CEOs succeeded in the company despite not being airline experts," adding, "On the contrary, those who have only worked in the airline industry may lack innovative ideas that break the mold." He continued, "I think candidate Kim can become a person like coach Hiddink and level up Hanjin Group."

This content was produced with the assistance of AI translation services.