By Cho Mu-hyun
Dongbu Group announced Sunday that it has changed the top management positions of its subsidiaries.
Yoon Dae-geun, formally vice chairman of the group’s construction subsidiary Dongbu Corporation, has been appointed chairman of its information technology solutions affiliate Dongbu CNI.
Yoon earned a bachelor’s degree from Seoul University in civil engineering and a master’s at the University of Rochester, New York. He has been working for Dongbu Group since 1977 and previopusly headed Dongbu Corporation’s New York office, Dongbu Steel and Dongbu HiTek.
He was named chief executive of the construction subsidiary in March, 2010.
“The appointment of Yoon as the chairman of Dongbu CNI is for him to assist group chairman Kim Jun-ki in the preparations of changing Dongbu CNI into a holdings company,” said the group in a statement.
Lee Soong-byung will now become vice chairman of Dongbu Corporation. Lee was formerly president of the company. He graduated from Seoul University with a degree in civil engineering and has worked for the group since 1974. The group says he has accumulated experience in engineering while working at domestic and foreign construction sites. He is known to be heavily involved in the group’s energy plant building, real estate development and green businesses.
Kim Ha-joon has been named vice chairman of Dongbu Bank, at which he was formerly president. Kim has a degree in commercial science from Korea University and joined Dongbu Securities in 1982. He started serving as president of Dongbu Bank in 1997. The group says he was promoted to vice chairman for his contributions in making the bank financially stable. It added that Kim is known as one of the longest serving chief executives in Korea.
Ha Jin-tae will keep his post as the group’s chief financial officer and co-serve as president of Dongbu Corporation. He has an economics degree from Seoul University and formerly worked at Daelim Industrial from 1977 until he joined Dongbu Group in 2005.
Dongbu Group, founded by Kim in 1969, is one of Korea’s leading chaebol with substantial influence in the domestic chemicals, shipping, insurance and finance markets.