Baek Seung-ryel is the Vice Chairman and CEO of Daewon Pharm.
He leads the company under a co-CEO system alongside his nephew, Baek In-hwan, who serves as President and CEO.
He was born on March 10, 1959, in Eumseong, Chungcheongbuk-do, as the second son of Baek Bu-hyeon, the founder of Daewon Pharm. His older brother is Baek Seung-ho, Chairman of Daewon Pharm.
He graduated from Gyeonggi High School in Seoul and earned a degree in Agricultural Biology from Seoul National University. He then obtained a master's degree in Plant Pathology from the University of Georgia and a Ph.D. in Agriculture from Seoul National University Graduate School.
He joined Daewon Pharm as a director, later serving as Executive Vice President before being appointed President and CEO in 2008.
He expanded the company's business scope into health functional foods and cosmetics by acquiring Keukdong H Pharm and SD Biotechnologies.
He is working to expand the company with the goal of becoming a comprehensive healthcare company with KRW 1 trillion (US$ 721.1 million) in annual revenue by 2025.
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