SK Gas has appointed Song Kyung-yeol, head of the Strategy Division, as its new president. The company aims to accelerate the expansion of its liquefied natural gas (LNG) value chain and the development of new businesses by placing a strategy expert in energy and power at the helm.
SK Gas announced on the 30th that it has appointed Song Kyung-yeol, head of the Strategy Division, as its new president.
Newly appointed President Song joined SK Group in 2019 after working at McKinsey & Company. Since then, he has been responsible for group-level energy and power business strategy, new business development, and portfolio strategy. Last year, he served as the director of the SK Business and Economics Research Institute, and currently holds the positions of head of the Strategy Division at SK Gas, head of the Business Development Division at SK Discovery, and head of the Future Strategy Center.
SK Gas is focusing on enhancing the competitiveness of its existing liquefied petroleum gas (LPG) and LNG businesses while expanding the LNG value chain and identifying new growth drivers. President Song is expected to lead efforts to concretize medium- to long-term growth strategies and new business initiatives.
An official from SK Gas said, "President Song is a strategy expert with a deep understanding of group-level portfolio strategy and energy business," adding, "We expect him to enhance the competitiveness of our core businesses and secure new growth drivers to increase corporate valuation."
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