Yoo Sin-yeol, CEO of Shinsegae DF, Appointed as Chairman of Korea Duty Free Shop Association

"Securing Global Competitiveness of Domestic Duty-Free Shops"
"Developing Business Models for Sustainable Development"

Yoo Sin-yeol, Chairman of the Korea Duty Free Shop Association [Photo by Shinsegae DF].

The Korea Duty Free Shop Association announced on the 28th that it held its regular general meeting on the 22nd and appointed Yoo Shin-yeol, CEO of Shinsegae DF, as the 8th president of the association.

The term of the newly appointed President Yoo will begin on the 1st of next month and last for one year. He plans to focus on securing the global competitiveness of the domestic duty-free shop industry and developing new business models that ensure sustainable growth while carrying out his duties.

President Yoo joined Shinsegae Department Store in 1989 and has held positions such as Planning Manager at Shinsegae Department Store, Head of Strategy Division, and Head of Sales Division. Since 2021, he has been serving as the CEO of Shinsegae DF.

President Yoo stated, "I will do my best to prepare future development plans for the duty-free shop industry, fulfilling the responsibilities entrusted to me by all member companies." He added, "We will strengthen communication between the association and its members and build a close network to create a culture of trust and coexistence within the domestic duty-free shop industry."

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