Vice Chairman Kim Yong-geun will quit… “Responsible for the successive passing of the Corporate Burden Law”

(Seoul = Yonhap News) Reporter Bo-kyung Kim = Full-time Vice Chairman Kim Yong-geun of the Korea Employers’ Association expressed his appreciation after leaving his term of office for one year.

Yong-geun Kim Full-time Vice Chairman
Yong-geun Kim Full-time Vice Chairman

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According to the business world on the 14th, Vice-Chairman Kim expressed his gratitude to internal figures, including Kyung-Sik Son, and asked for a discussion on a successor before the Lunar New Year holiday.

Vice-Chairman Kim, a former official of the Ministry of Commerce, Industry and Energy, took over when Song Young-jung, then Vice Chairman of the Gyeonggi Federation, was dismissed in 2018 when he served as President of the Korea Automobile Industry Association. After that, he was reappointed in February of last year and was serving a two-year term.

Vice-Chairman Kim is said to have expressed his intention to take responsibility when the government and the ruling party successively passed the Three Fair Economy Act, the Labor Union Act, and the Severe Accident Business Penalty Act despite opposition from the Gyeonggi Chong and other business circles.

Vice-Chairman Kim has been actively opposed to the legislation of the Corporate Burden Bill with vice-chairmen of major economic organizations such as the Small and Medium Business Administration.

An official from the KCTU said, “I know that Vice Chairman Kim felt a lot of helplessness as the government and the National Assembly did not listen at all because the Gyeonggi-gun took the lead in opposing the legislation of the anti-business law.” I continued.”

The General Assembly will hold a meeting of the presidency on the 17th to discuss the issue of succession of Vice Chairman Kim, and then appoint a successor at the general meeting as early as the 24th.

Vice-Chairman Kim’s successors include Lee Dong-geun, President of Hyundai Economic Research Institute, and Ryu Ki-jeong, Executive Vice President of Gyeonggi-do.

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