LG Establishes Global Strategy Center... Yoon Chang-ryeol, Former Deputy Director of National Assembly Inspection Office, Recruited

LG Group is establishing an organization to analyze global policies and develop response strategies. The organization will be led by Yoon Chang-ryeol, a visiting professor at Seoul National University who previously served as the 1st and 2nd Deputy Ministers of the Office for Government Policy Coordination under the previous administration.

According to business circles on the 11th, LG is expected to create a Global Strategy Center under the LG Management Development Institute through an organizational restructuring next month.

This organization will comprehensively analyze global policies and formulate response strategies. This is interpreted as a move to strengthen responses to supply chain issues arising from the U.S. Inflation Reduction Act (IRA) and the European Union (EU) Critical Raw Materials Act (CRMA), among others.

LG Group, centered on the battery company LG Energy Solution and the battery materials affiliate LG Chem, faces increasing demands for responses to supply chain restructuring, thereby increasing the need for a comprehensive organization responsible for global strategy.

Yoon Chang-ryeol, who served as Deputy Minister of the Office for Government Policy Coordination, is reportedly being recruited as the head of the Global Strategy Center. A graduate of the 34th Administrative Examination, Professor Yoon spent most of his public service career at the Prime Minister’s Office and the Office for Government Policy Coordination. During the Moon Jae-in administration, he served as Senior Secretary for Social Affairs at the Presidential Secretariat, and subsequently held the vice-ministerial positions of 1st and 2nd Deputy Ministers at the Office for Government Policy Coordination.

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