[Photo] Seoul Yakryeongsi Association President Inauguration and Handover Ceremony Held

At the inauguration and retirement ceremony of the Seoul Yakryeongsi Association on the 17th, Kim Wol-jin (right), who was inaugurated as the 11th president, and Choi Young-seop, the 10th president (left), are taking a commemorative photo.

Greeting from Choi Hong-yeon, Deputy Mayor of Dongdaemun-gu

[Asia Economy Reporter Park Jong-il] Dongdaemun-gu (Mayor Yoo Deok-yeol) announced that the Seoul Yakryeongsi Association held the inauguration and retirement ceremony of the association president at 2 p.m. on the 17th at the Seoul Oriental Medicine Promotion Center plaza.

At the event attended by former presidents of the Seoul Yakryeongsi Association, Dongdaemun-gu Deputy Mayor Choi Hong-yeon, city council members, and district council members, Kim Wol-jin was inaugurated as the 11th president of the Seoul Yakryeongsi Association.

The term of office is three years, from February 2021 to January 2024.

Chairman Kim was unanimously nominated as the next president at the 4th board meeting of the Seoul Yakryeongsi Association held in October last year, and was finally approved through a non-face-to-face board meeting in January this year to assume the new presidency.

Chairman Kim has served as a director of the Korea Pharmaceutical Importers and Exporters Association, vice president of the Korea Herbal Medicine Industry Association, and senior vice president of the Seoul Yakryeongsi Association. Currently, he is an executive member of the National Unification Advisory Council, vice president of the Korea Herbal Medicine Distribution Association, and managing director of the Korea Herbal Medicine Distribution Cooperative. He is also the CEO of Yongbo Pharmaceutical, the largest deer antler manufacturing company in Korea.

He has received commendations from the Mayor of Seoul, the Minister of Food and Drug Safety, and the Minister of Health and Welfare for his contributions to the distribution and supply of excellent herbal medicines, and was awarded a presidential citation for his efforts in establishing a foundation for peaceful unification.

At the inauguration ceremony, Chairman Kim announced future plans for association affairs, including ▲ unity through communication among members ▲ establishing a clean and friendly image of Seoul Yakryeongsi through leading by example ▲ organic cooperation and linkage with related oriental medicine organizations ▲ strengthening domestic and international promotional activities of the valuable cultural heritage of oriental medicine and Boje-won ▲ fostering organic cooperative relationships with related institutions.

In his inaugural address, Kim Wol-jin, president of the Seoul Yakryeongsi Association, said, “I feel a heavy responsibility rather than joy in being inaugurated as the president of the Seoul Yakryeongsi Association, which has a long tradition and history. Although Yakryeongsi and its members are facing difficulties due to various internal and external changes including COVID-19, we will overcome these challenges by leveraging the pride and strengths of being the largest herbal medicine market in Korea and supplementing the shortcomings.”

Choi Hong-yeon, Deputy Mayor of Dongdaemun-gu, said, “I ask President Kim Wol-jin, who was inaugurated today, to do his best for the development and unity of Seoul Yakryeongsi for the next three years, and our Dongdaemun-gu will also provide much support for the development of Seoul Yakryeongsi.”

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