Choi Jeong-woo, ‘passing’ again on the tour… “Pressure to resign”

Choi Jeong-woo (pictured), chairman of the POSCO Group, was also omitted from the list of economic missions to Vietnam by President Yoon Seok-yeol. Chairman Choi has never shown his face at a domestic event presided over by President Yoon this year.

In Pohang, the home base of POSCO, public opinion for and against the resignation of Chairman Chey is boiling. Some interpret that, in fact, the government and the ruling party continue to send signals to Chairman Choi to quit, but Chairman Choi is holding out.

According to the presidential office and the business community on the 13th, Chairman Choi was not included in the list of President Yoon’s economic missions to Vietnam announced by the Korea Chamber of Commerce and Industry on the same day. President Yoon’s visit to Vietnam will be accompanied by an economic delegation of 205 people, the largest under the Yoon administration, including heads of the 10 largest conglomerates.

President Yoon will first attend the General Assembly of the Organization for International Expositions ( BIE ) held in Paris on the 20th and 21st, support the Busan bid for the 2030 World Expo, and then move to Vietnam to hold a Korea-Vietnam summit with President Bo Van Thuong on the 23rd메이저놀이터. . He will hold individual meetings with Vietnam’s top leadership, including Nguyen Phu Trong, the first-ranking leader in power, and attend official state visits, including a state dinner.

As many as 205 economic delegations accompany this schedule, except for Choi Jeong-woo, chairman of POSCO Group, who ranks fifth in the business world among the heads of the top 10 conglomerates.

POSCO, which entered Vietnam as early as 32 years ago, is conducting various Vietnamese businesses in most of the group’s subsidiaries, including energy, food resources, and construction, as well as steel, which is its main focus. The Korea Chamber of Commerce and Industry explained that the Vietnamese economic delegation selected companies that submitted applications in the recruitment announcement based on their trade and investment performance, prospects, and future industrial cooperation performance.

Considering POSCO’s status as the 5th largest conglomerate in Korea and cooperation projects in the Vietnamese market, the business community believes that Chairman Chey’s absence actually reflects the intention of the president’s office.

The economic delegation to Vietnam this time included Samsung Electronics Chairman Lee Jae-yong , SK Chairman Chey Tae-won, Hyundai Motor Company Chairman Chung Eui-sun, LG Chairman Koo Kwang-mo, Lotte Chairman Shin Dong-bin, Hanwha Vice Chairman Kim Dong-gwan, HD Hyundai President Jung Ki-sun, LS Chairman Koo Ja-eun, Doosan Chairman Park Jung-won, and Hyosung Chairman Cho Hyun-joon 10 A large group of business leaders all attend. At the BIE

general meeting in Paris, only Posco International Vice Chairman Jeong Tak was on the list of attendees instead of POSCO Chairman Choi Jeong-woo. Regarding the reason for Chairman Chey’s absence, the POSCO Group only replied, “We will find out.” Chairman Choi Jeong-woo held a New Year’s meeting in the business world earlier this year, as well as President Yoon’s UAE ( UAE) meeting held the same month.

)·Switzerland tour, US state visit economic delegation last April, etc., and did not even attend the ‘2023 Korea Small and Medium Business Conference’ held at the Yongsan Presidential Office last month. Chairman Choi attended almost all business events during the Moon Jae-in administration.

During last year’s parliamentary audit, Chairman Choi was reprimanded by ruling party lawmakers for not taking command at the site when the Pohang Steelworks was flooded due to Typhoon ‘Hinnamno’. The day before the typhoon landed, he had visited art galleries and golf appointments, but he was not at the scene without leading the response on the day of the disaster.

Chairman Choi’s term ends on March 8 next year. Chairman Choi took office as chairman in 2018 and has maintained his position until now, having been reappointed once in 2021. Meanwhile, his predecessor, former chairman Kwon Oh-joon, voluntarily resigned in 2018 for health reasons.

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