KOREA WHO
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Chairman of Lotte Group
Shin Dong-bin
Driving Reform to Overcome Crisis, Spotlight on Shin Yoo-yeol
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Last Updated on Jan 7, 2026
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Chairman of Lotte Group
Copy Url : https://www.koreawho.com/profile/ShinDongbin- Life Summary
Shin Dong-bin is the Chairman of Lotte Group. He also serves as CEO of Lotte Holdings, Lotte Chemical, Lotte Shopping, and Lotte Wellfood.
He is working to overcome the group’s difficult internal and external business environment by pursuing both personnel reshuffles and efforts to discover 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 Aoyama Gakuin Senior High School and Aoyama Gakuin University in Japan. He later completed an MBA program at Columbia Business School in the United States.
He worked at Nomura Securities in Japan before joining Lotte Corporation in Japan.
He entered Lotte Group in Korea by joining Honam Petrochemical as a managing director.
After serving as Vice Chairman of Lotte Group’s Planning and Coordination Office and head of the Policy Headquarters, he was appointed Chairman in 2011, and in 2015 he became CEO of Lotte Holdings in Japan.
He served as Chairman of the Korea Ski Association.
He is known for being humble and placing importance on manners and etiquette.
He is also accelerating preparations for succession by bringing his son, Shin Yoo-yeol, to the forefront of management.
#ShinDongbin #LotteGroup #KoreanConglomerate #CorporateLeadership #SuccessionPlan #RetailAndChemicals #GlobalBusiness #FamilyBusiness #MBAExecutive #KoreaJapanBusiness
He is working to overcome the group’s difficult internal and external business environment by pursuing both personnel reshuffles and efforts to discover 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 Aoyama Gakuin Senior High School and Aoyama Gakuin University in Japan. He later completed an MBA program at Columbia Business School in the United States.
He worked at Nomura Securities in Japan before joining Lotte Corporation in Japan.
He entered Lotte Group in Korea by joining Honam Petrochemical as a managing director.
After serving as Vice Chairman of Lotte Group’s Planning and Coordination Office and head of the Policy Headquarters, he was appointed Chairman in 2011, and in 2015 he became CEO of Lotte Holdings in Japan.
He served as Chairman of the Korea Ski Association.
He is known for being humble and placing importance on manners and etiquette.
He is also accelerating preparations for succession by bringing his son, Shin Yoo-yeol, to the forefront of management.
#ShinDongbin #LotteGroup #KoreanConglomerate #CorporateLeadership #SuccessionPlan #RetailAndChemicals #GlobalBusiness #FamilyBusiness #MBAExecutive #KoreaJapanBusiness
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- Life Summary
- Career Highlights & Challenges
- · Speeding Up Succession, Shin Yoo-yeol Tested as Lotte Biologics CEO
- · Shaking Up Lotte Group, Abolishing Business Control and Vice Chairmen Step Down
- · Showing Reform Drive at Every Reshuffle, ‘Purebloodism’ a Thing of the Past
- · Emphasizing On-Site Management, From Southeast Asia to India and Africa
- · Emphasizing On-Site Management, From Southeast Asia to India and Africa
- · Return to No. 5 in Business Rankings
- · Changing Work Culture, Reviewing Job-Based Pay and Ranks
- · Returns to Lotte Shopping, Steps Down from Lotte Chilsung
- · Securing Liquidity at All Costs, Selling Non-Core Assets
- · Lotte Group Activates Emergency Management After Six Years
- · Entering Bio and Healthcare, Lotte Healthcare Ends Early
- · Strengthening Board Expertise, Enhancing Transparency With Lead Independent Directors
- · Emphasizing AI Capability Development
- · Tightening Grip on M&A, Midterm Results Disappoint
- · Expanding Southeast Asia Business, Focus on Vietnam
- · Investing in Four New Growth Engines
- · Establishing HQ System, Granting Accountability to Group Heads
- · Consolidating One-Top Control Over Korea and Japan Lotte
- · Creating a Holding Company Structure Through Governance Reform, Hotel Lotte IPO Remains a Task
- · Gaining Management Experience as Head of Group Control Tower
- · History of Lotte Group
- Vision and Goals
- Market and Social Evaluation
- Notable Incidents & Legal Affairs
- - Brother Shin Dong-joo Files KRW 134 Billion Lawsuit
- - Lotte Healthcare ‘Technology Theft’ Controversy and Corporate Liquidation
- - Lotte Chemical Fails to Meet Bond Financial Covenants
- - Ongoing Liquidity Crisis Rumors Surround Lotte Group
- - Steps Down as Chairman of Asia Society Korea After 16 Years
- - Falls Out of the “Top Five Groups” for the First Time in 13 Years
- - Special Pardon and Restoration of Civil Rights Related to Corporate Misconduct
- - Suspension of Operations at Lotte Department Store Busan Gwangbok Branch
- - Disclosure of Shareholdings in Lotte Group’s Japanese Affiliates
- - Controversy Over Excessive Concurrent Executive Directorships
- - Management Control Dispute Between Shin Dong-bin and Shin Dong-ju
- - Receives Suspended Prison Sentence in State-Affairs Scandal and Corporate Crime Trial
- - Tried on Charges of Embezzlement and Breach of Trust Totaling KRW 175 Billion
- - First Chaebol Chairman to Appear at a National Assembly Audit
- - Unfair Support to an Affiliate
- Professional Timeline
- Educational Background
- Family & Personal Connections
- Awards & Recognitions
- Additional Information
- Notable Quotations
- Infographic & Photos