Busan Port Names Woo Ye-jong as New CEO
The Busan Port Authority (BPA) announced Woo Ye-jong has been named as its new CEO, as appointed by the Korean Ministry of Oceans and Fisheries.
Woo took office on July 31, 2015 and will serve for a three year term. He succeeds Lim Ki-tack who will take over as Secretary General at the International Maritime Organization (IMO) in January 2016.
On taking his new role, Woo said, “My focus as CEO will be on strengthening the port’s competiveness by improving efficiency and keeping control of costs. It is vital that we maintain a clear strategy to ensure we retain our current