Small Business Association Elects Candidate Bae Dong-wook as New President

"We Will Strive to Make Korea a Place Where Small Business Owners Are Respected and Prosper"

Baek Dong-wook, New President

[Asia Economy Reporter Kim Cheol-hyun] The Korea Federation of Micro Enterprises held an extraordinary general meeting on the 23rd at a hotel located in Guro-gu, Seoul, and announced the election of candidate Bae Dong-wook as the 3rd president. Newly appointed President Bae Dong-wook ran unopposed in this election and was elected with 68% of the total valid votes in favor.

Born in 1961, the new President Bae Dong-wook currently serves as the chairman of the Korea Video Culture Facility Association and has been the vice president of the Korea Federation of Micro Enterprises. He will lead the federation until March 2021, completing the remaining term of former President Choi Seung-jae.

President Bae stated, "Based on over 30 years of experience in the micro-enterprise sector, I will work together with our members to create a Republic of Korea where micro-entrepreneurs are respected and can live well." He added, "Together with a professional executive team, we will thoroughly prepare for policy consultations to alleviate the hardships faced by micro-entrepreneurs due to the ongoing COVID-19 crisis."

In his campaign promises, President Bae proposed ▲promoting the construction of the Korea Federation of Micro Enterprises headquarters ▲establishing a Micro Enterprise Policy Research Institute ▲founding a Micro Enterprise Mutual Aid Association ▲enforcing the Micro Enterprise Welfare Act and expanding commendations and awards ▲and ensuring democratic decision-making, participation, and communication activation in the federation's policies and resolutions.

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