Ido Conducts 2023 Regular Executive Personnel Changes

Promotion of Park Seongmuk, Chief Financial Officer (CFO), from Executive Director to Managing Director
Emphasizing Financial Expertise for Proactive Response Amid Internal and External Economic Crises

Sangmu Lee Do Sagongmyeong (left), CFO Jeonmu Park Seongmuk (center), Director Lee Do Kim Heejin (right)

[Asia Economy Reporter Kwangho Lee] YIDO conducted its regular executive personnel appointments for 2023 on the 16th. The company placed emphasis on appointing financial experts, including promoting Park Seongmuk, Chief Financial Officer (CFO) and Executive Director, to Senior Executive Director.

Senior Executive Director Park Seongmuk holds a master's degree in Business Administration from Sogang University. He is a financial expert who has served as Chief Operating Officer (COO) Head at Incruit, COO Head at Solaruce, CFO at Younghwa Engine, and Head of Investment Management at KL Partners. In this executive appointment, the personnel policy focused on performance and prioritized finance to proactively respond to internal and external economic crises.

YIDO also promoted Director Sagongmyeong, who achieved significant results in the environmental sector, to Executive Director. Executive Director Sagongmyeong earned a master's degree in Environmental Engineering from the Graduate School of Urban Science at the University of Seoul and is a waste treatment expert who has worked as a site manager at Daebo Construction and as head of YIDO’s Technology Research Institute.

The company also appointed its first female executive since its founding. Kim Heejin, Head of the Legal Team, was promoted to Director in this personnel appointment. Director Kim Heejin graduated from Seoul National University with a degree in Chinese Language and Literature, earned an MBA from Tsinghua University in China, and graduated from Korea University Law School. She has experience in domestic and international marketing at Samsung Electronics, worked as a lawyer at Onnuri Law Firm, and served as a corporate advisory lawyer at Bae, Kim & Lee LLC.

Choi Junghoon, CEO of YIDO, stated, “Based on this personnel appointment, we will actively respond to rapidly changing internal and external management conditions,” and added, “We will continue the rapid growth trend since our founding by solidifying our position as an eco-friendly specialized company.”