Arab Today, arab today new posco chairman takes office
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

New POSCO chairman takes office

Arab Today, arab today

Arab Today, arab today New POSCO chairman takes office

Seoul - Arab Today

An engineer savvy in technological development took office Friday as chairman of the world's fifth-largest steelmaker, POSCO, with a four-point reform plan to enhance competitiveness and weather an industry slump. POSCO's shareholders and board of directors formally approved Kwon Oh-joon, 64, as the company's eighth chairman. He will serve through March 2017, leading the country's sixth-largest conglomerate by assets.

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