Hanjin Kal, appoints Kim Seok-dong as outside director in new the chairman of the board of directors

[Infostock Daily= reporter Song Jeong-hoon] Hanjin Kal  announced on March 2 that it has appointed Kim Seok-dong, who was appointed as an outside director at the regular shareholders' meeting on March 27, as the new chairman of the board of directors.

Kim Seok-dong the chairman of the board of directors is a financial and administrative expert who served as chairman of the Financial Services Commission and vice minister of finance and economy. 

Hanjin Kal revised its board rules last month, and according to the revision, Hanjin Carl has been the chairman of the board of directors, but it will allow the board to elect a chairman in the future.

Hanjin Kal expects that the appointment of Kim Seok-dong the chairman of the board of directors will further strengthen the independence of the board and increase transparency in management activities.

Hanjin Kal expects to play a major role in improving its financial structure and enhancing corporate value.

Meanwhile, Hanjin Kal re-elected Hanjin Group chairman Cho Won-tae, who was appointed as an internal director at the shareholders' meeting, as chairman of Hanjin Kal.

Reporter Song Jeong-hoon boxr@infostock.co.kr