LIG Nex1 Appoints Shin Ik-hyun as CEO... Defense Industry Expert and Former Air Force General

Resolution of New CEO Agenda at General Meeting and Board of Directors

"Leading Guided Weapons, Space, and Manned-Unmanned Complex Systems"

Shin Ik-hyun, a former Air Force general, has been appointed as the CEO of LIG Nex1.

On the 25th, LIG Nex1 announced that it held a shareholders' meeting and a board of directors meeting, where the appointment of Shin Ik-hyun as the new CEO was approved.

CEO Shin is recognized as a defense industry expert with proven business capabilities and a comprehensive understanding of overall defense policies.

Shin Ik-hyun, CEO of LIG Nex1.

He was commissioned in 1984 as part of the 32nd class of the Air Force Academy and served as the commander of the 8th Fighter Wing of the Air Force and as the Director of Force Planning Division 3 at the Joint Chiefs of Staff. At LIG Nex1, he led various business and R&D projects as the head of the C4ISTAR Business Division in 2023.

At this year's opening ceremony, CEO Shin presented the management policy of "organizational stability, highest trust, and sustainable growth" in his New Year's address. He expressed his ambition to establish a foundation for continuous growth based on organizational expansion and export business achievements.

Newly appointed CEO Shin Ik-hyun stated, “We will continuously secure differentiated competitiveness in our core guided weapons business and also focus on research and development of future growth engines such as space and unmanned-manned complex systems.”

He also emphasized, “Based on the nation’s top-level research capabilities and weapon system development achievements, we will do our utmost to firmly establish LIG Nex1’s brand in global markets, including the Middle East.”

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