Samsung Electronics Vice Chairman Lee Jae-yong to be appointed as Director of the Board

Last Updated: September 13, 2016

Free Current Affairs to Your Email
Samsung Electronics Vice Chairman Lee Jae-yong to be appointed as Director of the Board
13 September 2016 Current Affairs: South Korean electronics major Samsung Electronics announced on 12 September 2016 that Vice Chairman Lee Jae-yong will be appointed as a registered executive director on the board.
The decision was made keeping in mind the urgent need for strategic decision-making on aggressive investments and new growth engines from a long-term perspective.
Lee Jae-yong : Lee Jae-yong is a South Korean business magnate.He is the eldest child and only son of Lee Kun-hee, Chairman of Samsung.He received a degree in East Asian history at Seoul National University. He obtained his master's in business administration from Keio University.
He has also attended Harvard Business School to pursue a Doctor of Business Administration degree, focusing on e-commerce. However, he did not obtain the degree.He is referred to as the Crown Prince of Samsung by the South Korean media.
His wealth is estimated to be worth 7.9 billion US dollar, making him the third wealthiest person in South Korea.In 2014, he was named the world's 35th most powerful person and the most powerful Korean by Forbes Magazine's List of The World's Most Powerful People along with his father Lee Kun-hee.

Daily Current Affairs 2019



Subscribe to Current Affairs

Enter your email to get daily Current Affairs
Download Current Affairs PDF

Current Affairs 2019 August

August 22
News Quiz
August 21
News Quiz
August 20
News Quiz
August 19
News Quiz

Current Affairs 2019 July

July 31
News Quiz
July 30
News Quiz
July 29
News Quiz
July 28
News Quiz

Current Affairs 2019 June

June 30
News Quiz
June 29
News Quiz
June 28
News Quiz
June 27
News Quiz

BUY Current Affairs 2019 PDF + GET 2018 Current Affairs PDF for FREE
BUY NOW
Mock Test Series @ Rs.25 Only
Buy Now