Lee Dong-geun, President of Hyundai Research Institute, Likely Next Vice Chairman of Korea Employers Federation

[Asia Economy Reporter Changhwan Lee] Lee Dong-geun, President of Hyundai Research Institute, is reportedly the leading candidate for the next full-time Vice Chairman of the Korea Employers Federation (KEF).

According to business circles on the 16th, KEF Chairman Sohn Kyung-shik recently offered the Vice Chairman position to President Lee. The Vice Chairman position became vacant after Vice Chairman Kim Yong-geun tendered his resignation. Vice Chairman Kim resigned taking responsibility for the consecutive passage of corporate regulatory bills such as the 'Fair Economy 3 Acts.'

President Lee previously served as Director General of the Industrial Policy Bureau at the Ministry of Commerce, Industry and Energy, Director of the Trade and Investment Office at the Ministry of Knowledge Economy, and full-time Vice Chairman of the Korea Chamber of Commerce and Industry (KCCI).

President Lee also served as full-time Vice Chairman when Chairman Sohn held the position of KCCI Chairman.

KEF plans to hold an executive meeting on the 17th to discuss the successor to Vice Chairman Kim and appoint the successor at the general meeting on the 24th.

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