KOREA WHO

Shin Dong-bin is the chairman of Lotte Group. He serves as the CEO of Lotte Corporation, Lotte Chemical, and Lotte Wellfood (formerly Lotte Confectionery).

He is expanding investments to secure future growth engines for Lotte Group and aims to overcome the crisis in the core business of retail through talent acquisition.

By listing Hotel Lotte, he aims to stabilize the governance structure by resolving relations with Lotte Japan and is also focusing on improving the group's image, which has been tarnished by the management corruption of the owner family.

He was born on February 14, 1955, in Tokyo, Japan, as the second son of Shin Kyuk-ho, the honorary chairman of Lotte Group.

He graduated from the Faculty of Economics at Aoyama Gakuin University in Japan and the Graduate School of Business at Columbia University in the United States.

He started his career at Nomura Securities in Japan and then joined Lotte Trading Company in Japan as a director. He then moved to Honam Petrochemical (the predecessor of Lotte Chemical) as an executive director, participating in the management of Lotte Group in Korea.

He became vice president and vice chairman of the Planning and Coordination Office at Lotte Group before becoming the chairman.

He values humility and etiquette.

Although quiet, he shows strong drive and decisiveness in mergers and acquisitions. Through aggressive M&A, he has positioned Lotte Group as the fifth-largest conglomerate in Korea.

Having internalized the teachings of his predecessor, he emphasizes the importance of field management.