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FKI vows to restore public trust, clean up image over past wrongdoings

The Federation of Korean Industries (FKI), which used to be the country s premier business lobby group, pledged to regain public trust and improve its reputation that was tarnished following a political corruption scandal.

Business lobby reborn

The Federation of Korean Industries (FKI) is poised to make a new start, having chosen Poongsan Corp. Chairman Ryu Jin as its new leader. Ryu will be officially tapped as the new leader during an extraordinary general meeting slated for Aug. 22. Announced in May as part of a reform package, the Korea Economic Research Institute (KERI), an FKI affiliate, will be merged into the nation s largest business lobby.

FKI to establish hall of fame for businesspeople

The Federation of Korean Industries (FKI), Korea s largest private economic organization, announced plans to establish a hall of fame dedicated to Korea s leading businessmen, and a special exhibition space highlighting industries that have served as the basis for economic development, during a regular general meeting, Thursday.

Yoon s former chief election campaigner to lead FKI

Kim Byong-joon, who led the election campaign committee for then-presidential candidate Yoon Suk Yeol, will lead the Federation of Korean Industries (FKI), one of the largest business lobby groups here, as acting chairman, according to the FKI, Friday. The FKI has been seeking a successor for Chairman Huh Chang-soo, who expressed his intention to resign after his term ends on Feb. 23.

Kolon honorary chairman tasked with finding next FKI chief

Kolon Group Honorary Chairman Lee Woong-yeul was appointed to lead a committee to recommend candidates for the next Federation of Korean Industries (FKI) chairman, according to the business lobby group, Monday. The FKI said Lee was given plenary authority to supervise the recommendation process.

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