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Shin Dong-bin is chairman of Lotte Group. He also serves as CEO of Lotte Corp., Lotte Chemical, Lotte Shopping and Lotte Wellfood.

He is working to overcome the group’s difficult situation through personnel reform and the search for new growth engines.

He was born on February 14, 1955, in Tokyo, Japan, as the second son among the two sons and two daughters of Shin Kyuk-ho, the founder of Lotte Group.

He graduated from the high school division of Aoyama Gakuin in Japan and Aoyama Gakuin University. He completed an MBA program at Columbia Business School in the United States.

He worked at Nomura Securities in Japan and then at Lotte Corporation in Japan.

He joined Honam Petrochemical as an executive director, entering Korea’s Lotte Group.

After serving as vice president of Lotte Group’s Planning and Coordination Office and head of its Policy Headquarters, he became chairman in 2011. In 2015, he also became CEO of Lotte Holdings in Japan.

He is preparing for the succession of management control by bringing his son Shin Yoo-yeol to the front line of management.

He is humble and places importance on etiquette. He has been described as quiet, but aggressive in management.

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