Daewoo Names New Shipbuilding President

Woo-Choong Kim, chairman of the Daewoo Group, recently announced the appointment of Young-Suk Yoon as president of Daewoo Shipbuilding and Heavy Machinery Ltd., a Daewoo Group member company.

Mr. Yoon succeeds In-Kie Hong, who has been appointed president of Daewoo's planning and coordination division. Mr. Yoon was previously president of Daewoo Heavy Industries Ltd.

Mr. Kim also announced four additional appointments: Soung-Bu Hong, who was president of the planning and coordination division, has been named president of Daewoo Corporation and is r e s p o n s i b l e for construction; Kyung-Hoon Lee is now president of Daewoo Heavy Industries.

He had been president in charge of Daewoo Corporation's trading activities; Kyung-Shick Lee, a former vice minister of communications of the Republic of Korea, has joined the group as president of Daewoo Telecom Co., Ltd.; and Suk-Ki Rhee has had the coordination of Daewoo's construction activities added to his responsibilities as the group's vice chairman.

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