LX International said on the 5th that it held a board meeting and named Vice President Gu Hyeok-seo as chief executive officer.

After joining LG International, the predecessor of LX International, in 1996, Gu served in key posts including head of the metals division (senior managing director), head of the energy division (executive vice president), and head of the Indonesia region (vice president).

Goo Hyuk-seo, new CEO of LX International. /Courtesy of LX International

In particular, while serving as head of the Indonesia region, Gu delivered various results, including securing a foundation for future growth through the acquisition of a new nickel mine and actively pushing to improve and advance the profitability of the resources business.

In this personnel move, Director Hong Jang-pyo, who led on site after the acquisition of the AKP nickel mine in Indonesia and contributed to the mine's early stabilization, was promoted to senior managing director.

An LX International official said, "This personnel move aimed to place business leaders with strong drive and on-site instincts under the principle of meritocracy. We will carry out preparations for the future without a hitch."

President Yun Chun-seong, who has led the company, will leave LX International after 37 years and is expected to be appointed as an advisor.

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