1997 VAN FLEET AWARD

PYONG HWOI KOO

Chairman

Korea International Trade Association

 Citation

Pyong-Hwoi Koo became chairman of the Korea International Trade Association (KITA) in February 1994 after serving as its vice chairman from 1985.

Chairman Koo's business career with the LG Group began in 1951, as a manager at Lucky Chemical Company. During his 40-plus years with LG, he held numerous positions of distinction including: director of Goldstar Co., president of Honam Oil Refinery Co., vice chairman of the Lucky-Goldstar Group and chairman of Lucky-Goldstar International Corporation. In 1995, he became an advisory board member of the LG Group.

Chairman Koo has been a dedicated member of a number of prominent economic and social organizations. He has served as chairman of the Korea-Canada Business Council, international president and Korea committee chairman of the Pacific Basin Economic Council (PBEC) and chairman of the Bidding Committee for the 2002 World Cup in Korea (KOBID). His current appointments include: chairman of the Korea-U.S. Economic Council (KUSEC), chairman of the Korea-U.S. Business Council, chairman of the Korea Commercial Arbitration Board, and honorary consul general of the Republic of Peru.

Chairman Koo has received many awards over the course of his distinguished career, including Korea's highest civilian honors for service to national development. He was awarded the Order of Industrial Merit (Gold Tower) in 1982, the Order of Civil Merit (Mugunghwa Medal) in 1993 and the Order of Sport Merit (Cheongryong Medal) in 1997. He was also awarded the Order of Merit for Distinguished Services (Great Cross) by the Republic of Peru in 1996.

Koo graduated with a bachelor's degree in political science from Seoul National University in Korea. In November 1993, he was awarded an honorary doctor of laws degree by the University of British Columbia.