KOREA WHO
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Chairman of FOMEK
Choi Jin-shik
Representing the Voice of Mid-sized Enterprises to the Government
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Last Updated on Jul 5, 2024
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Chairman of FOMEK
Copy Url : https://www.koreawho.com/profile/ChoiJinshik- Life Summary
Choi Jin-shik is the President of the Federation of Middle Market Enterprises of Korea (FOMEK). He also serves as the Chairman and CEO of Simpack.
He is working on overcoming anti-business sentiments, spreading win-win management, and building an innovation platform while conveying the voices of mid-sized enterprises to the government.
He was born on September 22, 1959, in Goyang, Gyeonggi Province.
He graduated from Hanyeong High School in Seoul and studied trade at Dongguk University. He earned his master's degree from Yonsei University Graduate School of Business.
He joined Dongyang Securities as a regular employee and became a registered executive after ten years.
In 2001, he acquired SsangYong Precision, a subsidiary of the SsangYong Group.
By changing the company name to SIMPAC, he pursued aggressive management and grew it into a global company with annual sales exceeding KRW 1 trillion (US$ 721.1 million).
He emphasizes management that adheres to the basics and pays close attention to labor-management relations.
His management philosophy is, "Manufacturing companies must excel in well-known tasks."
#KoreaFederationOfMidSizedEnterprises #ChoiJinSik #SIMPAC #BusinessManagement #InnovationPlatform #LaborRelations #AggressiveManagement #GlobalCompany #AntiBusinessSentiment #ManagementPhilosophy
He is working on overcoming anti-business sentiments, spreading win-win management, and building an innovation platform while conveying the voices of mid-sized enterprises to the government.
He was born on September 22, 1959, in Goyang, Gyeonggi Province.
He graduated from Hanyeong High School in Seoul and studied trade at Dongguk University. He earned his master's degree from Yonsei University Graduate School of Business.
He joined Dongyang Securities as a regular employee and became a registered executive after ten years.
In 2001, he acquired SsangYong Precision, a subsidiary of the SsangYong Group.
By changing the company name to SIMPAC, he pursued aggressive management and grew it into a global company with annual sales exceeding KRW 1 trillion (US$ 721.1 million).
He emphasizes management that adheres to the basics and pays close attention to labor-management relations.
His management philosophy is, "Manufacturing companies must excel in well-known tasks."
#KoreaFederationOfMidSizedEnterprises #ChoiJinSik #SIMPAC #BusinessManagement #InnovationPlatform #LaborRelations #AggressiveManagement #GlobalCompany #AntiBusinessSentiment #ManagementPhilosophy
- Related News
- Life Summary
- Career Highlights & Challenges
- · Withdrawal of the Decision to Merge Simpack and Simpack Holdings
- · Active Overseas Engagement for the Development of Korean Mid-Sized Enterprises
- · Efforts to Represent Mid-Sized Enterprises to Government and Society
- · Representing Business Leaders Opposing the 'Yellow Envelope Law'
- · Activities in the First Year of Presidency of the Federation of Middle Market Enterprises of Korea (FOMEK) in 2022
- · Inauguration as President of the Federation of Middle Market Enterprises of Korea (FOMEK)
- · Representing the Voices of Mid-Sized Enterprises Before Inauguration
- · Significant Decline in Operating Profit for SIMPAC in 2023 Due to Drop in Ferroalloy Sales Prices
- · SIMPAC ANC Union's Withdrawal from KCTU
- · From Financial Company Employee to Mid-sized Enterprise Owner through Acquisition of Ssangyong Precision Industries
- Vision and Goals
- Market and Social Evaluation
- Notable Incidents & Legal Affairs
- Professional Timeline
- Educational Background
- Awards & Recognitions
- Additional Information
- Notable Quotations
- Infographic & Photos