Latest news with #DoosanEnerbility
The Star
3 days ago
- Business
- The Star
South Korea's Lee names Koo Yun-cheol finance minister, makes other picks
South Korean President Lee Jae Myung has announced his picks for several positions across the goverenment. - Photo: Reuters SEOUL: South Korea President Lee Jae Myung has chosen a former vice finance minister, Koo Yun-cheol, to be his finance minister, his office said on Sunday (June 29). Koo is widely known as a policy expert, serving different positions across the government and authoring books on South Korea's innovation and growth, most recently on artificial intelligence, Lee's chief of staff, Kang Hoon-sik, told a briefing. Among other ministerial positions, Lee named Kim Jung-kwan, president of power plant builder Doosan Enerbility and a veteran bureaucrat in economics, energy and public policy, to be industry minister. Kim fits the role to realise President Lee's "energy mix philosophy", Kang said, referring the new leader's aim to balance nuclear power and renewable energy. The former head of South Korea's disease control agency, Jeong Eun-kyeong, was nominated for health minister. She was highly praised for her response to the Covid-19 pandemic, becoming one of the Time Magazine's 100 most influential people of 2020. Cabinet nominations in South Korea must be vetted by hearings in parliament. But presidents may appoint their nominees even without parliament approval, and Lee's Democratic Party has a majority in parliament. - Reuters
Observer
3 days ago
- Business
- Observer
South Korea's Lee names new officials
SEOUL: South Korea needs to take measures to support its economy in the short term as it continues tariff talks with the US, its likely new finance minister Koo Yun-cheol said on Sunday after being nominated for the role by President Lee Jae Myung. Koo, a former vice-finance minister, still needs to go through parliament hearings before being confirmed as finance minister. Other ministerial appointments were also announced by the president's office on Sunday. "We need to take pre-emptive measures and prepare for situations such as the current tariff negotiations with the United States," Koo told a press conference. Among other ministerial positions, Kim Jung-kwan, president of power plant builder Doosan Enerbility and a veteran bureaucrat in economics, energy and public policy, was nominated to be industry minister. The former head of South Korea's disease control agency, Jeong Eun-kyeong, was nominated for health minister. She was highly praised for her response to the Covid-19 pandemic, becoming one of Time Magazine's 100 most influential people of 2020. — Reuters
RTHK
4 days ago
- Business
- RTHK
South Korea names new cabinet ministers
South Korea names new cabinet ministers President Lee Jae Myung has tabbed Koo Yun-cheol to be his finance minister. File photo: Reuters South Korea President Lee Jae Myung has chosen a former vice finance minister, Koo Yun-cheol, to be his finance minister, his office said on Sunday. Koo is widely known as a policy expert, serving different positions across the government and authoring books on South Korea's innovation and growth, most recently on artificial intelligence, Lee's chief of staff, Kang Hoon-sik, told a briefing. Among other ministerial positions, Lee named Kim Jung-kwan, president of power plant builder Doosan Enerbility and a veteran bureaucrat in economics, energy and public policy, to be industry minister. Kim fits the role to realise President Lee's "energy mix philosophy", Kang said, referring the new leader's aim to balance nuclear power and renewable energy. The former head of South Korea's disease control agency, Jeong Eun-kyeong, was nominated for health minister. She was highly praised for her response to the Covid-19 pandemic, becoming one of the Time Magazine's 100 most influential people of 2020. Cabinet nominations in South Korea must be vetted by hearings in parliament. But presidents may appoint their nominees even without parliament approval, and Lee's Democratic Party has a majority in parliament. (Reuters)
Korea Herald
4 days ago
- Business
- Korea Herald
Economic technocrat-turned-Doosan executive nominated as industry minister
Kim Jung-kwan, a former Finance Ministry official-turned-industry executive, has been nominated to lead South Korea's Ministry of Trade, Industry and Energy, bringing both government and corporate expertise to the role. President Lee Jae Myung tapped Kim, who currently serves as executive vice president and chief marketing officer at Doosan Enerbility, a major Korean engineering and plant construction company, as the new industry minister. The move is seen as part of Lee's drive to accelerate the country's transition to renewable energy and advance next-generation sectors such as offshore wind power and small modular reactors. Before joining Doosan in 2018, Kim built an extensive career with experience and expertise in economic policy within government, holding key positions at the Ministry of Economy and Finance, the Bank of Korea and the International Bank for Reconstruction and Development, the lending arm of the World Bank Group.
Straits Times
4 days ago
- Business
- Straits Times
South Korea's President Lee names finance minister, makes other picks
South Korean President Lee Jae-myung has announced his picks for several positions across the goverenment. PHOTO: REUTERS South Korea President Lee Jae Myung has chosen a former vice-finance minister, Koo Yun-cheol , to be his finance minister, his office said on June 29 . Mr Koo is widely known as a policy expert, serving different positions across the government and authoring books on South Korea's innovation and growth, most recently on artificial intelligence, Mr Lee's chief of staff, Mr Kang Hoon-sik , told a briefing. Among other ministerial positions, Mr Lee named Dr Kim Jung-kwan , president of power plant builder Doosan Enerbility and a veteran bureaucrat in economics, energy and public policy, to be industry minister. Dr Kim fits the role to realise President Lee's 'energy mix philosophy', Mr Kang said, referring the new leader's aim to balance nuclear power and renewable energy. The former head of South Korea's disease control agency, Dr Jeong Eun-kyeong , was nominated for health minister. She was highly praised for her response to the Covid-19 pandemic, becoming one of the Time Magazine's 100 most influential people of 2020. Cabinet nominations in South Korea must be vetted by hearings in parliament. But presidents may appoint their nominees even without parliament approval, and Mr Lee's Democratic Party has a majority in parliament. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
