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Category: Business & Economics

Talking COVID-19 Vaccine Cooperation with President John Rim

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Join us for a conversation between Mr. John Rim, President and CEO of Samsung Biologics, and Tom Byrne, the President and CEO of The Korea Society. In this second episode of the ‘President’s Interview Series,’ President Rim will discuss his extensive career and senior leadership roles in the biopharmaceutical industry, as well as his current role as the head of Samsung Biologics. With over 30 years of experience, President Rim played a key leadership role in facilitating the growth of Samsung Biologics into one of the world’s largest contract development and manufacturing organization (CDMO).

This interview will also provide an opportunity to learn more about the role of Samsung Biologics in the global biopharmaceutical industry including the recent agreement with the US biotech firm, Moderna, for fill-finish manufacturing of its path breaking mRNA COVID-19 Vaccine. This program was recorded at Samsung Biologics headquarters in Songdo, Incheon when President Byrne recently visited South Korea.

 

  

Talking COVID-19 Vaccine Cooperation

with
John Rim
Samsung Biologics
President & CEO

Premieres: Wednesday, July 21, 2021 | 7 PM (EDT)


 The Korea Society
350 Madison Avenue, 24th Floor
New York, NY 10017

 

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ABOUT THE SPEAKER:

John Rim
President & CEO
Samsung Biologics

John Rim is the President and Chief Executive Officer of Samsung Biologics, a global leading contract development and manufacturing organization (CDMO). Prior to being appointed CEO in December 2020, John served as Executive Vice President at Samsung Biologics and was a key senior leader in driving the company’s success with his global business acumen and a strong focus on client satisfaction.

Rim was also instrumental in rapidly expanding business growth across Samsung Biologics and for the continuous operational excellence in Plant 3, which holds the world’s largest biomanufacturing capacity at a single site. With over 30 years of experience in the biopharmaceutical industry, John has built a diverse and successful career, holding a number of senior global leadership roles across a range of markets and disciplines.

Prior to joining Samsung Biologics in 2018, Rim worked for Roche/Genentech in Technical Operations, Product Development, and Research & Development in the US and Europe. He has also held senior leadership roles with Astellas Pharmaceuticals in General Management, Sales & Marketing, Technical Operations, Customer Service, Business Development, and Strategic Planning. Rim began his career as a management consultant with Booz, Allen & Hamilton consulting to pharmaceutical companies in the US and Europe.

John received his bachelor’s degree from Columbia University, a master’s degree from Stanford University, and an MBA from the Kellogg School of Management at Northwestern University.

A Conversation with Chairman Yongmaan Park

Posted on by Yurim Oh

In our inaugural episode of the ‘President’s Interview Series’, we are pleased to invite Yongmaan Park, Chairman of Doosan Infracore for a conversation with The Korea Society’s President Tom Byrne. As one of the most successful and powerful business leaders in Korea and the world, Chairman Park will discuss his extensive career and leadership role as the Chairman of Doosan Infracore and former Chairman of the Korea Chamber of Commerce and Industry (KCCI). Chairman Park will also share his views and insights on key issues and challenges in the U.S.-Korea economic cooperation post pandemic. This interview will also provide a rare opportunity to hear Chairman Park’s personal story and vision of his life.

 

 

A Conversation with Chairman Yongmaan Park

PREMIERES: Wednesday, June 2, 2021 | 7 PM (EDT)


 The Korea Society
350 Madison Avenue, 24th Floor
New York, NY 10017

 

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ABOUT THE SPEAKER:

Yongmaan Park
Chairman
Doosan Infracore I Doosan Business Research Institute

Mr. Park is Chairman of Doosan Infracore, one of the key subsidiaries of Doosan Group (Doosan) and is also honorary Chairman of the Korea Chamber of Commerce and Industry.

Mr. Park has been in the front-and-center of the renowned transformation of Doosan. He has led over 42 deals including acquisitions and divestitures of businesses as part of the strategic drive to overhaul Doosan’s business portfolio, turning Doosan from a consumer goods company to an Infrastructure Support Business (ISB) focused enterprise. Under his leadership, Doosan has acquired Bobcat, the global leader in compact construction equipment. He has also spearheaded Doosan’s broader globalization efforts, transforming the Korean company into a multinational conglomerate with operations in 38 countries. Mr. Park’s leadership has led Doosan to achieve a seven-fold revenue growth in just over a decade. Doosan’s success along with Mr. Park’s leadership has received tremendous publicity abroad and is frequently benchmarked in the industry.

In acknowledgement of his leadership and expertise, Mr. Park served as Chairman of the Korea Chamber of Commerce and Industry (KCCI) from 2013 to 2021 and has become Honorary Chairman of the KCCI since 2021. While serving as the Chairman of the KCCI for seven years and eight months, Mr. Park established the KCCI as the representative business organization of Korea. Now, the KCCI is the nation’s largest business organization encompassing 73 regional chambers and approximately 180,000 firms and industry associations in Korea. Especially, he has been recognized for his extensive domestic & foreign interactions; promoting new industries, reforming regulations to foster a startup ecosystem and to nurture Korea’s future talents, and accompanying the South Korean President in 38 of his overseas trips as well as carrying out other government affairs.

In recognition of his dedication and contribution to enhance the commercial ties between Korea and other countries, he has been awarded the Order of Civil Merit of Spain in 2003, the Order of Leopold II of Belgium in 2009, and a Commander of the Order of the Star from the Italian government in 2016. In 2014 & 2020, Mr. Park received the Van Fleet Award from the Korea Society for his significant contributions to the promotion of the U.S.-Korea relations and received the Gold Tower Industry Award from the Korean government in 2012.

Mr. Park received his Bachelor’s Degree in Business Administration from Seoul National University in 1978 and his MBA from Boston University in 1982.

Women in Congress: A Conversation with U.S. Representative Young Kim

Posted on by Yurim Oh

U.S. Representative Young Kim (CA-39) joins The Korea Society to share her journey in becoming one of the first Korean American women elected to Congress in its 230-year history. As an immigrant, small business owner, and previous California State 65th district Assemblywoman, we will explore how Congresswoman Kim pursued the American dream to become a successful Korean American leader and politician.

The conversation will be moderated by Ambassador Kathleen Stephens, former U.S. Ambassador to Korea and Korea Society Board Chair. Thomas Byrne, President and CEO of The Korea Society will deliver a special welcoming remarks at the event.

  

Women in Congress: A Conversation with U.S. Representative Young Kim

Wednesday, April 21, 2021 | 6:15 PM EDT


The Korea Society
350 Madison Avenue, 24th Floor
New York, NY 10017

 

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ABOUT THE SPEAKER:

Hon. Young Kim
Congresswoman
U.S. Representative for California’s 39th Congressional District

Congresswoman Young Kim is proud to represent California’s 39th District, which includes parts of Los Angeles, Orange, and San Bernardino counties, in the U.S. House of Representatives.

An immigrant, small business owner, community leader, and mother, Young is proud to be one of the first Korean-American women ever to serve in Congress and help all Americans have the chance to achieve their dream just like she did.

As an immigrant to the United States, Young has dedicated her life to giving back to her community. She started her public service as Director of Community Relations and Asian Affairs for former Congressman Ed Royce (CA-39), where she was a key liaison to 39th District and advisor on issues pertaining to the Asian-American community and foreign policy.

Prior to serving in Congress, Young was the first ever Korean-American Republican woman to serve in the California State Assembly. As an Assemblywoman, Young fought to grow jobs , support small businesses, ensure public safety, promote educational opportunities, support veterans, and protect victims of domestic violence.

Young is a small business owner, a long-time community leader, and has been actively involved in numerous organizations throughout the 39th District. She and her husband Charles reside in La Habra and are the proud parents of four grown children – Christine, Kelly, Alvin, and Hannah.

ABOUT THE MODERATOR:

Amb. Kathleen Stephens
Chair, Board of Directors, The Korea Society
President & CEO, Korea Economic Institute

Ambassador (ret.) Kathleen Stephens is a former American diplomat. She was U.S. Ambassador to the Republic of Korea 2008-2011. Korea has been a leit motif of Ambassador Stephens’ life and career since she served in rural Korea as a Peace Corps volunteer and trainer, 1975-1977. She was in Korea 1983-1989, first as a political officer at the U.S. Embassy in Seoul reporting on Korea’s domestic political and human rights scene, and later leading the U.S. Consulate in Busan.

Other overseas assignments included postings to China, former Yugoslavia, Portugal, Northern Ireland, where she was U.S. Consul General in Belfast during the negotiations culminating in the 1998 Good Friday Agreement, and India, where she was U.S. Charge ‘d Affaires (2014-2015).

Ambassador Stephens also served in a number of policy positions in Washington at the Department of State and the White House. These included acting Under Secretary of State for Public Diplomacy and Public Affairs (2012), Principal Deputy Assistant Secretary of State for East Asian and Pacific Affairs (2005-2007), Deputy Assistant Secretary of State for European and Eurasian Affairs (2003-2005), and National Security Council Director for European Affairs at the Clinton White House.

Stephens was William J. Perry Fellow for Korea at Stanford University 2015-2018. She is a Mansfield Foundation Distinguished Fellow, Pacific Century Institute board chairman, vice-chair of the board of trustees for The Asia Foundation, and board chair of The Korea Society.

She has been President and CEO of the Korea Economic Institute of America since September 2018, based in Washington, DC.

Women in Trade: A talk with Trade Minister Yoo Myung-hee

Posted on by Yurim Oh

In the second episode of our Women’s Leadership series, we are pleased to welcome South Korean Minister for Trade Yoo Myung-hee for a conversation on her 25-year career in shaping the international trade infrastructure. As Deputy Minister for FTA Negotiations, and later Director-General for Bureau of Trade Policy at the Ministry of Trade, Industry, and Energy, Yoo Myung-hee has been at the forefront of numerous high-profile trade agreements, including the 2018 US-Korea Free Trade Agreement (KORUS) and the 2019 Regional Comprehensive Economic Partnership. In the midst of the ongoing pandemic, Minister Yoo has been integral in reforming Korea’s trade policy to respond to the current crisis as well as providing an outlook on the future of multilateral trade after COVID-19. The first female trade minister for the Republic of Korea, Minister Yoo will speak on her accomplishments and challenges in the field of international trade and cooperation as well as remark on her candidacy for Director-General of the World Trade Organization as one of two final candidates.

Moderated by Ambassador Kathleen Stephens, former US Ambassador to Korea and Korea Society Board Chair, this discussion offers a unique opportunity to gain insight from two pioneering female leaders in the U.S. -Korea relationship.

 

 

Women in Trade: A Talk with Trade Minister Yoo Myung-hee

Premieres: Friday, February 26, 2021 | 7 PM EST


The Korea Society
350 Madison Avenue, 24th Floor
New York, NY 10017

 

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ABOUT THE SPEAKER:

H.E. Yoo Myung-hee
Minister for Trade
Republic of Korea

Education

• 2002   Juris Doctor, Vanderbilt University Law School
• 1995   M.A. in Public Policy, Seoul National University
• 1990   B.A. in English Language and Literature, Seoul National University

Work Experience

• Mar. 2019 –   Present Minister for Trade, Ministry of Trade, Industry and Energy (MOTIE)
• 2018 – 2019   Deputy Minister for FTA Negotiations, MOTIE
• 2017 – 2018   Director General for Bureau of Trade Policy, MOTIE
• 2015 – 2017   Director General for FTA Negotiations and East Asia FTA, MOTIE
• 2014 – 2015   Spokesperson for Foreign Media, Office of the President
• 2010 – 2014   Program Director, APEC Secretariat, Singapore
• 2007 – 2010   First Secretary (2007-2008) and then Counsellor (2009-2010), Korean Embassy in China
• 2006 – 2007   Director, FTA Services Negotiation Division, Ministry of Foreign Affairs and Trade (MOFAT)
• 2005 – 2006   Director, FTA Policy Division, MOFAT

ABOUT THE MODERATOR:

Amb. Kathleen Stephens
Chair, Board of Directors, The Korea Society
President & CEO, Korea Economic Institute

Ambassador (ret.) Kathleen Stephens is a former American diplomat. She was U.S. Ambassador to the Republic of Korea 2008-2011. Korea has been a leit motif of Ambassador Stephens’ life and career since she served in rural Korea as a Peace Corps volunteer and trainer, 1975-1977. She was in Korea 1983-1989, first as a political officer at the U.S. Embassy in Seoul reporting on Korea’s domestic political and human rights scene, and later leading the U.S. Consulate in Busan.

Other overseas assignments included postings to China, former Yugoslavia, Portugal, Northern Ireland, where she was U.S. Consul General in Belfast during the negotiations culminating in the 1998 Good Friday Agreement, and India, where she was U.S. Charge ‘d Affaires (2014-2015).

Ambassador Stephens also served in a number of policy positions in Washington at the Department of State and the White House. These included acting Under Secretary of State for Public Diplomacy and Public Affairs (2012), Principal Deputy Assistant Secretary of State for East Asian and Pacific Affairs (2005-2007), Deputy Assistant Secretary of State for European and Eurasian Affairs (2003-2005), and National Security Council Director for European Affairs at the Clinton White House.

Stephens was William J. Perry Fellow for Korea at Stanford University 2015-2018. She is a Mansfield Foundation Distinguished Fellow, Pacific Century Institute board chairman, vice-chair of the board of trustees for The Asia Foundation, and board chair of The Korea Society.

She has been President and CEO of the Korea Economic Institute of America since September 2018, based in Washington, DC.

A Conversation with Ambassador Kathleen Stephens

Posted on by Yurim Oh

In our inaugural episode of The Korea Society’s Women in Leadership series, we are pleased to welcome Ambassador Kathleen Stephens for a conversation on her distinguished career. Having extensive experience in international relations, Amb. Stephens, a decorated former U.S. diplomat, will share her special and deep connections to Korea. She will also highlight her involvement in promoting the U.S-Korea relationship as a former U.S. Ambassador to the Republic of Korea, Peace Corps volunteer, and current President of Korea Economic Institute and Chair of The Korea Society.

Please join our inspiring interview with Amb. Stephens as she remarks on her challenges and progress in her glass ceiling shattering career, as well as her efforts to support and amplify women’s voices. The discussion will be led by a moderator, Vivian Lee, Emmy-winning TV journalist.

 

A Conversation with Ambassador Kathleen Stephens

Premieres: Thursday, January 28, 2021 | 6 PM


The Korea Society
350 Madison Avenue, 24th Floor
New York, NY 10017

 

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ABOUT THE SPEAKER

Amb. Kathleen Stephens
Chair, Board of Directors, The Korea Society
President & CEO, Korea Economic Institute

Ambassador (ret.) Kathleen Stephens is a former American diplomat. She was U.S. Ambassador to the Republic of Korea 2008-2011. Korea has been a leit motif of Ambassador Stephens’ life and career since she served in rural Korea as a Peace Corps volunteer and trainer, 1975-1977. She was in Korea 1983-1989, first as a political officer at the U.S. Embassy in Seoul reporting on Korea’s domestic political and human rights scene, and later leading the U.S. Consulate in Busan.

Other overseas assignments included postings to China, former Yugoslavia, Portugal, Northern Ireland, where she was U.S. Consul General in Belfast during the negotiations culminating in the 1998 Good Friday Agreement, and India, where she was U.S. Charge ‘d Affaires (2014-2015).

Ambassador Stephens also served in a number of policy positions in Washington at the Department of State and the White House. These included acting Under Secretary of State for Public Diplomacy and Public Affairs (2012), Principal Deputy Assistant Secretary of State for East Asian and Pacific Affairs (2005-2007), Deputy Assistant Secretary of State for European and Eurasian Affairs (2003-2005), and National Security Council Director for European Affairs at the Clinton White House.

Stephens was William J. Perry Fellow for Korea at Stanford University 2015-2018. She is a Mansfield Foundation Distinguished Fellow, Pacific Century Institute board chairman, vice-chair of the board of trustees for The Asia Foundation, and board chair of The Korea Society.

She has been President and CEO of the Korea Economic Institute of America since September 2018, based in Washington, DC.

 

ABOUT THE MODERATOR

Vivian Lee
TV Journalist

Vivian Lee is an Emmy-winning TV journalist.

She anchored and reported for NY1 for 13 years on issues of vital local and national interest, including Joe Biden’s 2020 election win, Pope Francis’ historic visit to the US, and Hurricane Sandy. Vivian also hosted an arts and culture show, “Spotlight New York,” focusing on the creative landscape of the five boroughs.

Along with anchoring continuous live coverage of major breaking news elstories, she reported for 25 years from the field on breaking news stories of the day.

Vivian’s career in New York started at WNBC in 2002, where she was a general assignment reporter for six years. Before that she was CityTV Toronto’s Parliamentary Correspondent in Canada’s capital, Ottawa. She graduated with honors from Carleton University’s prestigious journalism program, and after stints as a reporter in Halifax and Ottawa, became evening news anchor in Calgary, Alberta. Before covering national affairs in Ottawa, she filed in as anchor and reported for CityPulse News.

Vivian has received numerous awards recognizing her industry and community contributions, including the 2019 Lifetime Engagement Award from the Korean American Family Service Center in New York, and a 2020 Emmy Award for her story on Joe’s Pub in Manhattan.

She lives in New York with her husband and two daughters.

 

Global Financial Leaders Forum 2020

Posted on by Yurim Oh

The Maekyung Media Group, The Korea Society, and Korea Finance Society are co-hosting the Global Financial Leaders Forum 2020 on September 16th. This year, the Global Financial Forum will be a part of The World Knowledge Forum, a renowned platform where global opinion leaders gather and seek how to reduce knowledge gaps and promote balanced economic growth and prosperity. The event will be held as an online-offline hybrid format for the first time in accordance with the safety regulations and health concerns regarding COVID-19.

Through our annual Global Financial Leaders Forum, we strengthen the network among Korean financial leaders and Wall Street specialists with Korean financial leaders working in New York and Seoul. With the theme “Investment Strategy in COVID-19 Era,” we will further a discussion on the management of fiscal challenges and investment outlook in the current market volatility we are experiencing with the COVID-19 outbreak. The forum is invitation-only, and the participants will get a dedicated viewing link closer to the event.

 

Global Financial Leaders Forum
Investment Strategy in COVID-19 Era

The Hotel Shilla, Seoul Korea
– Hybrid format event –

Invitation Only
September 16, 2020 | 7:30 PM EDT (September 17, 2020 | 8:30 AM KST)

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SPEAKERS:

 

Moderator:

Sunghwan Shin, Dean of School of Business, Hongik University
Sunghwan Shin is currently a professor of finance and the dean of Hongik school of business, Hongik University. For three years from 2015, Dr. Shin was the president of Korea Institute of Finance (KIF), a leading think tank in Korea focusing on micro and macro financial policies. Before the KIF, Dr. Shin has been a faculty member at Hongik University except for the three year period from 1998 when he left for the World Bank to work as a risk manager and senior financial officer. Dr. Shin’s major extracurricular activities and social services include the president of the Korea Money and Finance Association and the Korea Pension Association.

Dr. Shin was a steering committee member of the KIC and is currently leading the public fund evaluation board of the government. Dr. Shin is currently a non-executive board member of Hanjin Kal Corporation and Truston Asset Management. Dr. Shin received a BA in economics from the Seoul National University in 1985 and a PhD in finance from the Sloan School of Management at MIT in 1993.

Presentation:

Jim Barry, CIO, BlackRock Alternative Investors and Global Head of Blacklock Real Assets
Jim Barry, Managing Director, is the Chief Investment Officer of BlackRock Alternatives Investors (BAI) and Global Head of BlackRock Real Assets. BAI manages over $175 billion in total assets and client commitments with a team of over 900. As CIO, Mr. Barry is responsible for providing leadership to the alternatives investment teams in all regions across the Real Estate, Infrastructure, Hedge Funds, Private Equity and Credit businesses.

BlackRock Real Assets comprises BlackRock’s Infrastructure and Real Estate businesses, which have c. 400 professionals across 27 cities globally, and manage c. $50 billion in equity and debt assets and investor commitments. He is responsible for determining the overall strategic direction of the Real Assets platform, implementing the platform’s investment strategies and leading platform growth initiatives. Mr. Barry founded BlackRock’s Infrastructure business in 2011 upon joining the firm. In 2016, he took responsibility for BlackRock’s Global Real Estate Investment business by integrating both Infrastructure and Real Estate to create one cohesive, scalable Real Asset operating platform with a range of client orientated strategies defined by their risk positioning. Under his leadership this business has grown from $34 billion to c. $50 billion in assets.

Prior to joining BlackRock, Mr. Barry spent 11 years as the CEO of NTR plc, where he led the transformation of NTR from its origins as an Irish toll road developer into a leading international developer, owner and operator of a portfolio of diverse infrastructure businesses. Prior to joining NTR, Mr. Barry worked at Bain and Company and in the investment banking division of Morgan Stanley. Mr. Barry earned a BComm from University College Cork in 1989 and an MBA from Harvard Business School in 1994.

Panels:

Anushka Sunder, Managing Director, Blackstone Private Equity Group
Anushka Sunder is a Managing Director in the Private Equity Group. Ms. Sunder focuses primarily on Blackstone’s private equity investments in healthcare and technology. Since joining Blackstone in 2013, Ms. Sunder has been involved in the execution of Blackstone’s investments in Blue Yonder, the Center for Autism and Related Disorders (CARD), HealthEdge, InComm, NCR, Optiv, Outerstuff, and TeamHealth and serves on the Board of Directors of Blue Yonder, CARD, HealthEdge, Optiv, and TeamHealth. She is a member of the Investment Committee of Blackstone’s Impact Investing fund, co-chair of the Blackstone Women’s Initiative task force, and on the Blackstone Charitable Foundation Leadership Council.

Before joining Blackstone, Ms. Sunder was an associate at TPG Capital and an analyst at Goldman Sachs in the Financial Institutions Group. Ms. Sunder received an AB in Economics from Harvard College, where she graduated magna cum laude and Phi Beta Kappa, and an MBA from Harvard Business School. She was a Howard Hughes Medical Institute scholar at the National Institutes of Health and co-authored a paper in the Journal of Neuroscience. She is also a member of the Corporate Leaders Program at the Council on Foreign Relations.

Jae S. Yoon, CIO, New York Life Investment Management
Jae Yoon is the Chief Investment Officer (CIO) of New York Life Investment Management (NYLIM). He serves as the Chair of the Investment Governance Committee, responsible for the oversight of the investment performance of the strategies managed by NYLIM’s boutiques and affiliate portfolio teams. Additionally, Mr. Yoon leads the Strategic Asset Allocation & Solutions (SAS) team which manages third-party multi asset strategies and economic analysis for New York Life.

Previously, he was responsible for investment risk and strategy efforts at NYLIM’s investment affiliate MacKay Shields. Prior to joining NYLIM, Mr. Yoon was Head of Quantitative Research, Analytics, and Risk Management globally at Western Asset Management. Previously, he was with Merrill Lynch Investment Managers where he served as the Head of Risk and Performance for the Pacific and European Regions in Tokyo and London, respectively. Mr. Yoon also worked at JP Morgan Securities in Asia as regional head of Risk Management Control for Fixed Income and Equity Derivative Trading.

Dong Hun Jang, CIO, Public Officials Benefit Association (POBA)
Mr. Jang joined the firm in November 2015 as a Chief Investment Officer of POBA. As the CIO, he has senior management oversight of the firm’s investments totaling around US $13 bil. and leads the firm’s strategic expansion in overseas investment areas, reflecting the growing importance of asset size and portfolio diversification. He is responsible for portfolio investments including equity, fixed income, and alternatives. Previously, Mr. Jang was the Assistant Director in the Financial Supervisory Services (FSS) of Korea.

With 30 years of experience in the Korean investment industry including managing equity and PEF portfolios for the National Pension Service, he is an all-rounded investment executive, who has worked across multiple functions including the CEO of AllianceBernstein Asset Management (Korea) and across private and government sectors. He is a member of investment advisory committees for Government Employees Pension Service, Police Mutual Aid, Mutual Aid for Small Enterprises & Enterprisers, National Housing Fund, Scientists & Engineers Mutual Aid, Korea Hydro & Nuclear Power. Mr. Jang earned an MBA from University of Iowa and a Ph.D. from Dongguk University.

9th Global Financial Leaders Forum

Posted on by Yurim Oh

AT CAPACITY |

The Maekyung Media Group, The Korea Society and Korea Finance Society host another informative forum, featuring leading figures in the finance industry from the United States and Asia. This year we will shed light on Korea’s finance industry within the global context.

 

9th Global Financial Leaders Forum
Navigating in Low Interest Rate World

Wednesday, October 16, 2019

5:30 PM | Registration
6:00 PM | Program

 

Session I: Low Interest Rate Environment: Consequences and Portfolio Strategy

Speakers:
Scott Mather, CIO U.S. Core Strategies, PIMCO
Daniel H. Smith, Head of GSO’s Customized Credit Strategies Unit, Blackstone

Moderator:
Jae S. Yoon, CIO, New York Life Investment Management

Session II: US Congressional View on the Shifting Geopolitics of the New Korean Peninsula Regime

Speaker:
Dennis Alan Ross, Former Republican member of the U.S. House of Representatives

Moderator:
Thomas J. Byrne, President, The Korea Society

LOTTE NEW YORK PALACE
455 Madison Avenue, New York, NY 10022

If you have any questions, please email Esther Song or call (212) 355-7033.

 

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8th Global Financial Leaders Forum

Posted on by Yurim Oh

The Maekyung Media Group, The Korea Society and Korea Finance Society present a forum of top speakers for over 150 representatives from the US and Asian financial firms.

• Speech I
Asset Allocation of KIC in Current Market Environment
      Heenam Choi, Chairman and CEO, Korea Investment Corporation

• Session I
Global Asset Management in the Age of Growing Protectionism and Rising Interest Rates
      Scott Kapnick, CEO, HPS Investment Partners
      Daniel Simkowitz, Managing Director, Head of Investment Management, Morgan Stanley
      Jae S. Yoon, moderator, CIO, New York Life Investment Management

• Speech II
Korea Eximbank and Challenges Ahead
      Sung-soo Eun, Chairman and President, Export-Import Bank of Korea

• Session II
International Financial Market Response to Changes in Korean Peninsula
      Jahangir Aziz, Managing Director, Chief Emerging Market Economist, J.P. Morgan
      Thomas Byrne, moderator, President, The Korea Society

 

8th Global Financial Leaders Forum

Monday, November 5, 2018

5:30 PM | Registration
6:00 PM | Program

Members Only

If you have any questions, please email Yoonjin Choi or call (212) 759-7525 (ext. 307).

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Building Together during the 1970s

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This corporate legacy project presents a series of interviews with Americans and Koreans who worked in businesses, banks, and government during the 1970s in Korea. All of these figures an essential role in helping to advance Korea’s rapid economic development. How were they able to overcome significant obstacles, such as the 1970s oil price shock and the middle income trap?

This video series produced by the Korea Society was created to honor Americans and Koreans who contributed to this process. We express our sincere gratitude to Philip Sherman, a former Citibank Korea Country Manager and Korea Society patron and member, for his time and effort in collecting the stories of the individuals that contributed to Korea’s economic lift-off. This series was produced by Peter Stuehmke and Nikita Desai.

Introduction
This introductory video provides an economic overview of Korea in the 1970’s, summarizing its economic goals and the process it embarked on to achieve them. The video explains how the United States and American businesses played an important role in Korea’s success. At the time, the US was:
• A leading buyer of Korean exports
• A leading private lender
• A leading foreign direct investor
• A continuing provider of government-to-government assistance

Sakong Il
A graduate of Seoul National University and UCLA PhD, Dr. Sakong is one of Korea’s leading economists. In the 1970s, he was at the Korea Development Institute, and then joined the government as an adviser to the Deputy Prime Minister and then the President. He was also Finance Minister from 1987-88. In the film, Dr. Sakong gives an insider’s perspective of Korean development in the seventies and eighties and comments on the roles of American participants in those developments.

Philip D. Sherman
Mr. Sherman, Citibank’s senior officer in Seoul 1974-78, outlines how the banking community stepped up at a critical time to support Korea’s economic rise. Mr. Sherman received the Order of Diplomatic Merit Sung Yi from the Korea Government in 1978.

Jae-hyung Hong
In the seventies, Mr. Hong was assistant to Finance Minister Kim Yong Whan when the first oil shock-related loan was launched. He subsequently served as Financial Attaché in London and Minister of Finance and the Economic Planning Board, and then a member of Korea’s National Assembly. He offers a Korean perspective on the international financing issues of Korea during the seventies.

John Day, James L. Whitely and Philip D. Sherman
Three bankers who lived and worked in Korea during the seventies engage in a panel discussion at The Korea Society detailing their experiences and memories. Mr. Day was the representative of First National Bank of Chicago as part of a long career that included also Bank of Montreal and Salomon Brothers Smith Barney. Mr. Whitely was Representative of Marine Midland Bank in Seoul and subsequently held senior positions at Chemical Bank and JP Morgan Chase.

Herbert Telshaw
A former Marine, Mr. Telshaw had a lifetime career as a financial and then general manager at General Motors in the US and Asia. He was Executive Vice President of General Motors Korea, GM’s joint venture with Shinjin Motors and The Korea Development Bank from 1975 to 1978, when he became head of FM Philippines. Mr. Telshaw relates how GM brought its resources and industry knowledge to build up GMK which had previously been a wholly-owned part of Shinjin assembling GM products. He also describes the general dynamics of foreign joint ventures in Korea.

Robert Tanzola
A career international executive with General Motors, Mr. Tanzola served as Sales Director of General Motors Korea from 1974 to 1977. Later, he worked in Asia and Latin America, becoming Vice President of Sales for GM International, Marketing and Product Development for Latin American, the Middle East and Africa. He explains the very rudimentary sales and marketing situation which CM found itself in when it first came to Korea and how the company began the development of what is now: one of the world’s leading vehicle markets.

David Law-Smith
David Law-Smith is a career executive for Caltex, the joint venture of Standard Oil of California (Chevron) and Texaco Inc. He served as its Chairman and CEO before it was folded into Chevron. Mr. Law-Smith was finance manager at Honam Oil Refunding Company, Korea’s #2 refiner. This was a joint venture between the Lucky Group and Caltex. Mr. Law-Smith gives his perspective both on the Korean refining and marketing industry as a whole and his experiences at Honam Oil as a joint venture with a leading Korea conglomerate (chaebol) ground.

John T. Bennett
An agricultural economist by background, Mr. Bennett was the Economic Counsellor at the US Embassy in Seoul during the seventies. He founded the Korea Economic Institute of America (KEI) in 1982. He relates how the US worked with the Korean government during the seventies with a focus on technical and educational cooperation, and gives insight into the operation of the Korean government from his perspective at the Embassy

 

Trade Talks: KORUS FTA at 5

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2017 03 10 trade-talks icon

Former ROK Minister for Trade Jong-Hoon Kim, Vice President and Managing Director of the Asia Society Policy Institute and former Assistant U.S. Trade Representative Wendy Cutler, and US Chamber of Commerce SVP Tami Overby assess the performance and progress of the Korea-US Free Trade Agreement five years after implementation in a discussion moderated by the Korea Society’s president, Tom Byrne.

Trade Talks: KORUS FTA at 5

 with

Wendy Cutler  
Vice President and Managing Director (Washington, D.C.), Asia Society Policy Institute

Jong-Hoon Kim
Former ROK Minister for Trade

Tami Overby  
Senior Vice President for Asia, U.S. Chamber of Commerce

 

Tickets: $15 for Members and Students with a valid I.D., $25 for Guests

Korea Society Fellow, Patron, and Corporate Members,
please register HERE for complimentary tickets.

12:00 PM | Registration 
12:30 PM | Discussion

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APEC Study Center2

 

 

About the Speakers

 

2017 03 10 trade-talks wendy-cutler

Wendy Cutler joined the Asia Society Policy Institute (ASPI) as Vice President and Managing Director of the Washington D.C. Office in November 2015. In these roles, she focuses on building ASPI’s presence in Washington — strengthening its outreach as a think/do tank—and on leading initiatives that address challenges related to trade and women’s empowerment in Asia. She joins ASPI following an illustrious career of nearly three decades as a diplomat and negotiator in the Office of the U.S. Trade Representative (USTR). Most recently she served as Acting Deputy U.S. Trade Representative, working on a range of U.S. trade negotiations and initiatives in the Asia-Pacific region. In that capacity she was responsible for the Trans-Pacific Partnership (TPP) agreement, including the bilateral negotiations with Japan.

Ms. Cutler’s other responsibilities with USTR included U.S.-China trade relations, the Asia Pacific Economic Cooperation (APEC) Forum, and the U.S.-India Trade Policy Forum. She was the Chief U.S. Negotiator for the U.S.-Korea (KORUS) Free Trade Agreement and negotiated a wide range of bilateral agreements with Japan on such issues as telecommunications, autos, and semiconductors. She has extensive multilateral trade experience as the U.S. negotiator for the WTO Financial Services Agreement and several Uruguay Round Agreements. Prior to joining USTR, Ms. Cutler worked on trade issues at the Commerce Department.

Ms. Cutler received her master’s degree from Georgetown University’s School of Foreign Service and her bachelor’s degree from the George Washington University. She is married and has one son.

 

2017 03 10 trade-talks kim-jong-hoon

Jong-Hoon Kim was a career diplomat with 38 years of experience in foreign service and trade issues, with key postings in Washington D.C., San Francisco, Geneva, Canada and France among other locales. He led the Korea-US FTA as the chief negotiator, and from August 2007 through December 2011 worked extensively on Korea’s bilateral and multilateral trade – related issues as the longest serving Trade Minister of  Korea so far. During his tenure he concluded and put in place FTAs with India, the EU, Peru and the US..  In addition, Mr. Kim`s dedicated services as the SOM (Senior Officials` Meeting)  chair  were  instrumental for the success of APEC 2005 of Seoul.

In April 2012, Mr. Kim was elected in the general elections as a candidate of then ruling party and served for 4 years as a member of the National Assembly.

Mr. Kim earned his business administration degree from Yonsei University in 1978. He is married and has one son. His hobbies include paragliding, kite boarding and off-road motorcycling.  

 

2017 03 10 trade-talks tami-overby

Tami Overby, senior vice president for Asia at the U.S. Chamber of Commerce, leads Washington’s premier international policy team that is devoted to helping American companies compete and prosper in Asia’s dynamic marketplace.

Overby is responsible for developing, promoting, and executing programs and policies relating to U.S. trade and investment in Asia. She works closely with Chamber member companies, business coalitions, AmChams, government leaders, and business executives to achieve their business objectives in this very important part of the world. Overby and her team led the efforts for the U.S.-Korea Free Trade Agreement ratification. She works with a talented senior-level group of professionals including Jeremie Waterman, executive director for China and senior policy adviser for Asia; Jim Fatheree, senior director for Japan and Korea; Esperanza Jelalian, director for South Asia; and John Goyer, senior director for Southeast Asia.

Before joining the Chamber as vice president for Asia in 2009, Overby lived and worked in South Korea for 21 years. There she worked with AIG and William M. Mercer Ltd. and spent the last 14 years leading AmCham Korea, aiming to improve the business environment for member companies in Korea. During this time, she was actively engaged in ensuring that Korea entered America’s Visa Waiver Program. Overby raised the profile of AmCham Korea to make it the largest, most influential foreign business group in Korea.

In recognition of her efforts for promoting mutually cooperative economic relations between South Korea and the United States, Overby was awarded the Korean Order of Industrial Service Merit, Silver Tower by President Lee Myung-Bak in June 2009. She was previously recognized with a Letter of Citation (Bronze Tower) from both President Roh Moo-Hyun and President Kim Dae-Jung. In April 2007, Overby was awarded an Honorary Citizenship of Seoul from Mayor Oh Se-Hoon.

In Korea, Overby was active in charitable programs like the Pearl S. Buck Foundation, the Seoul Children’s Welfare Committee, and AmCham’s Partnership for the Future Foundation, which raised more than $8 million and helped more than 1,400 Korean university students obtain full scholarships.

 

 

2017 03 10 trade-talks Thomas-byrne

Thomas J. Byrne (Moderator) joined The Korea Society as its President in August of 2015. He comes to the Society from Moody’s Investor Services, where he was Senior Vice President, Regional Manager, Spokesperson, and Director of Analysis for the Sovereign Risk Group in the Asia-Pacific and Middle East regions. Before moving to Moody’s in 1996, he was the Senior Economist of the Asia Department at the Institute of International Finance in Washington DC. Tom has an MA degree in International Relations with an emphasis on economics from The Johns Hopkins School of Advanced International Studies. Before his graduate work, he served in South Korea for three years as a US Peace Corps volunteer. President Byrne teaches as an adjunct professor, at Columbia University’s School of International and Public Affairs in New York City and at Georgetown University’s Graduate School of Foreign Service in Washington, D.C.

 

 Of Interest: 

US-Korea pact makes a strong argument for global trade deals