Tuesday, April 23, 2024

South Korea: Federation of Korean Industries (FKI)

The Federation of Korean Industries is a non-governmental organization consisted of Korea’s major conglomerates and associated members. As an economic association established by private business sector’s voluntary basis, FKI is differentiated from other economic associations. The organization was found in 1961 with the objective of promoting sound economic policies and internationalizing the economy to further enhance the free market economic system and development of the nation. Specifically, FKI suggests direction of Korean economy’s growth strategy, contributes to regulation reform, and established diplomatic relations at private level through multilateral and international organizations. Per objective of the organization, FKI is dedicated to improving the welfare of the Korean economy.


CHANG-SOO HUH

Chairman of the Federation of Korean Industries (FKI)

Chairman of GS Holding Corp.

Mr Chang-soo Huh was elected to the Chairmanship of FKI in 2011, and is also Chairman of GS Holdings Corp.

Mr Chang-soo Huh is the 33rd Chairman of the Federation of Korean Industries (FKI), having taken up the position in February 2011.

He is also Chairman of GS Holdings Corp. which specializes in energy, distribution, and construction. GS Holdings operates subsidiaries and affiliates such as GS Caltex Oil, GS Power, GS Retail, GS Shop, GS EPS, GS Global, and GS Engineering & Construction. Mr Huh assumed his current position and responsibilities as Chairman of GS as of July 2004. He has also been serving as Chairman of GS Engineering & Construction Since 2002.

Mr Huh received his degree in Business Administration from Korea University in 1972. He also graduated from the Department of Business Administration at Saint Louis Graduate School in 1977 and earned an honorary doctorate degree of law at Saint Louis University in 2007.

Federation of Korean Industries

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