KOREA WHO

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

Lotte Chemical is facing a crisis so severe that its poor performance has raised concerns about the group's overall liquidity.

He is accelerating leadership renewal by hiring outside executives and strengthening the expertise of outside directors.

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

He attended kindergarten through high school at Aoyama Gakuin in Japan and graduated from Aoyama Gakuin University. He then completed an MBA at Columbia Business School in the United States.

He began his career at Nomura Securities in Japan before joining Lotte Trading Japan as a director.

He entered the Korean operations of Lotte Group by joining Honam Petrochemical, the predecessor of Lotte Chemical, as a managing director.

He later served as Executive Vice President of the Group's Corporate Strategy Office and Head of the Policy Division, before becoming Chairman in 2011. In 2015, he was appointed CEO of Lotte Holdings Japan.

He is known to be reserved, values humility and etiquette, and, like the founder Shin Kyuk-ho, places strong emphasis on field management. Though quiet, he demonstrates a powerful drive to get things done.

Among the heads of Korea’s top 10 conglomerates, he receives the highest compensation.

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