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Business lobby group revamped

Ryu Jin, head of the Federation of Korean Industries (FKI), second from left, celebrates the unveiling ceremony of its new stone sign in front of its headquarters in Seoul, Tuesday. From left are Hyosung Group Chairman Cho Hyun-joon, Ryu, Samyang Holdings Chairman Kim Yoon and FKI Vice Chairman Kim Chang-beom. The FKI made slight changes to its Korean name for the first time in 55 years, reaffirming its willingness to get back to basics. Courtesy of FKI
Ch Ungch Ong Bukto South Korea Soult Ukpyolsi Kim Chang Beom Cho Hyun Joon Kim Yoon

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Ryu considered suitable for FKI's transformation into Korean version of CSIS

The recent appointment of Poongsan Group Chairman Ryu Jin as the new head of the Federation of Korean Industries (FKI), which used to be the countrys premier business lobby group, did not come as a surprise to most business insiders, despite the fact that the groups size of assets falls behind those of Koreas 70 other larger firms.
United States South Korea North Korea New York Soult Ukpyolsi Jamesa Van

[Photo News] Greetings

LS Group Chairman Koo Ja-yeol (right), who doubles as chairperson of the Korea International Trade Association, and Poongsang Group Chairman Ryu Jin, the new chairperson of the Federation of Korean Industries, shake hands after their first official meeting as the heads of the nation’s top business groups at the Trade Tower in Seoul, Wednesday. During the meeting, the two leaders exchanged opinions on the role o...
South Korea Soult Ukpyolsi Ryu Jin Koo Ja Yeol Federation Of Korean Industries Poongsang Group

New FKI chief vows to ensure transparency to 'clean up dark past' as chaebol rejoin

The new chairperson for the Federation of Korean Industries vowed that the business lobby group would prevent government-business collusion and push for a transparent corporate culture to “clean up the dark past” of a massive influence-peddling scandal it was embroiled in 2016. In its ad hoc general meeting held Tuesday, the lobby group appointed Ryu Jin, chairman of Poongsan Group, as the new chairperson...
South Korea United States Ryu Jin Poongsan Group Korea Economic Research Institute Federation Of Korean Industries

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