Han Myung-jin, Head of Investment Support Center, Appointed as New CEO of SK Square

First Task, Creating a 'Semiconductor Investment Company'
Interim General Meeting and Board Meeting to be Held on the 14th of Next Month

Han Myung-jin, head of the Investment Support Center, is set to become the new CEO of SK Square, the investment company of SK Group.

Han Myung-jin, the newly appointed CEO of SK Square. [Photo by SK Square] [Image source=Yonhap News]

On the 3rd, the Personnel and Compensation Committee within the SK Square board of directors nominated Han as CEO. He is the successor to Park Sung-ha, who resigned last month taking responsibility for poor performance.

Han is expected to be appointed as an inside director and CEO at the extraordinary general meeting of shareholders and the board meeting on the 14th of next month.

Born in 1973, the newly appointed CEO Han has held key positions at SK Telecom, including Chief Strategy Officer (CSO), Head of MNO Business Support Group, Head of Global Alliance Office, and Head of Global Business Development Division. After moving to SK Square this year, he led portfolio value-up and shareholder returns as head of the Investment Support Center.

CEO Han is expected to focus on growing SK Square into a global semiconductor investment specialist company as soon as possible.

SK Square stated, "With young and agile new leadership, we will focus on strengthening the profitability of our information and communication technology (ICT) portfolio, shift our investment portfolio to be semiconductor-centered, and simultaneously enhance shareholder value."