Kang Ho-dong, Chairman of Gyeongnam Yulgok Nonghyup, Elected as the 25th President of the National Agricultural Cooperative Federation
Kang Ho-dong (60), chairman of Yulgok Nonghyup in Hapcheon-gun, Gyeongnam, elected as the 25th president of the National Agricultural Cooperative Federation.
[Image source=Yonhap News]
Kang Ho-dong (60), the head of Yulgok Nonghyup in Hapcheon-gun, Gyeongnam, was elected as the 25th president of the National Agricultural Cooperative Federation (NACF).
According to NACF on the 25th, in the election held at the NACF auditorium in Jung-gu on the same day, Kang received 607 votes in the first round, placing first, and then won the runoff against Cho Deok-hyun, head of Dongcheonan Nonghyup. The NACF presidential election is decided by a majority vote in the first round; however, since no candidate received a majority in the first round this time, the runoff between the top two candidates resulted in Kang receiving the most votes.
This election was held by direct vote for the first time in 17 years since 2007. The NACF presidential election was conducted by direct vote after the introduction of popular election in 1990, then changed to an indirect election by delegates, and returned to a direct election involving all cooperative heads following the 2021 revision of the NACF Act.
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The NACF president serves a single four-year term in a part-time position but is often called the "Farmers' President" because, while representing NACF members, they influence personnel and overall business operations. NACF's assets total approximately 145 trillion won, and it has 32 affiliates. Kang's official term will begin the day after the regular general meeting held in March.
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