KOREA WHO

Shin Yu-yeol is the Vice President and Head of Future Growth Division at Lotte Corporation. He also serves as the Head of Global Strategy at Lotte Biologics and CEO of Lotte Financial.

He is the son of Lotte Group Chairman Shin Dong-bin and the heir apparent to lead the group. He is tasked with identifying new growth engines for Lotte Group.

He was born on March 30, 1986, as the eldest of three children to Chairman Shin and his Japanese wife Shigemitsu Manami. He holds Japanese citizenship and his Japanese name is Shigemitsu Satoshi. His two younger sisters also hold Japanese citizenship.

He attended Aoyama Gakuin, a private school in Japan, for elementary, middle, and high school, and graduated from the Faculty of Environment and Information Studies at Keio University. He earned an MBA from Columbia Business School in the United States.

He began his career at Nomura Securities in Japan. He later worked as Head of Sales at Lotte Japan.

He served as Executive Director of the Basic Materials Division at Lotte Chemical’s Tokyo office before moving to South Korea, where he took on the roles of Head of Future Growth at Lotte Corporation and Head of Global Strategy at Lotte Biologics.

In 2023, he was appointed CEO of Lotte Financial.

Having lived in Japan until the age of 40, his Korean language proficiency is limited, but he is capable of communication. As he is now over the age of 38, he is exempt from military service, and there is speculation that he will soon acquire South Korean citizenship.

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