Sanha CEO will lead Kbiz

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Sanha CEO will lead Kbiz

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Park Sung-taek

Park Sung-taek, chairman and CEO of Sanha Corporation and head of Korea Federation of Asphalt Concrete Industry Cooperative, was elected chairman of the Korea Federation of Small and Midsize Enterprises (KBiz) on Friday.

Established in 1962, the group represents more than 3 million small companies nationwide.

Park will succeed Kim Ki-moon, founder of local watchmaker Romanson. His four-year term starts today.

“I will do my best to work harmoniously with fellow businesspeople,” Park said after his election. “My utmost effort will go into enhancing the business environment for not just small and midsize enterprises, but also self-employed individuals.”

Park is an Anseong, Gyeonggi, native and studied political science and international relations at Yonsei University. He started his career at LG Group, but left the conglomerate in 1990 to open Sanha Trading, specializing in construction materials and aggregate. He later on expanded the business into asphalt concrete and aggregate manufacturing, and to a corporate restructuring consulting business.

BY SHIM JAE-WOO [jiyoon.kim@joongang.co.kr]

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