Investment Info

Board of Directors

Composition of BOD

Status of Directors
Classification Position Name Gender Date Appointed Duties Number of owned
stocks(2022.03.31)
Executive Directors President of Hyundai Steel (CEO) AN, TONG IL Male Mar, 2022 In charge of overall management operation 3,000
Executive Vice President of Hyundai Steel (Chief Operating Officer of Dangjin Integrated Steelworks) PARK. JONG SUNG Male Mar, 2020 In charge of Blast Furnace Business 3.328
Executive Vice President of Hyundai Steel (Head of Finance Management Division of Hyundai Steel/Purchasing & Logistics) KIM. WON JIN Male Mar, 2021 In charge of Finance Management/Purchasing & Logistics 1,200
Senior Vice President of Hyundai Steel (Head of Electric Arc Furnace Business Division) LEE. JAE HWAN Male Mar, 2022 In charge of Electric Arc Furnace Business  
Independent Directors Professor at the Business School of Korea University (Business Administration) KIM. SANG YONG Male Mar, 2021 Management consultation (Business Administration)  
Senior Researcher at Korea Institute of Science and Technology (Metals) HONG, KYUNG TAE Male Mar, 2022 Management consultation (Metals)  
Professor of Seoul national university of science&technology (Architecture) YOO, JUNG HAN Male Mar, 2021 Management consultation (Architecture) 1,000
Professor of the University of Seoul(Accounting) JAHNG, GEUM JOO Female Mar, 2021 Management consultation (Accounting) 1,000
Professor of School of Korea University (Law) PARK. JI SOON Male Mar, 2022 Management consultation (Law)  

Executive Directors

  • An, Tong-il
    An Tong-il
    • CEO & President of Hyundai Steel
    • Chairman of the Board of Directors
    • Master's degree in Business Administration from McGill University
    • Former) POSCO Pohang Iron & Steel Co., vice president
    • As CEO and President of Hyundai Steel, An Tong-il was newly appointed as a director of BOD at the 54th annual shareholders' meeting and reappointed at the 57th meeting. Director An has been Chairman of BOD. As an expert in steel manufacturing equipment and production, Director An's appointment is aimed at enhancing corporate capability throughout Dangjin Integrated Steelworks and capturing drive for sustainable growth.
  • PARK, JONG SUNG
    PARK. JONG SUNG
    • Chief Operating Officer of Dangjin Integrated Steelworks, Executive Vice President
    • Doctor of Materials Engineering at Manchester University
    • Former) Head of Hyundai Steel's Iron & Steel, making Business Division, Executive Director
    • Director Park Jong-sung, as Chief Operating Officer of Blast Furnace Business Division of Hyundai Steel and Executive Vice President, was newly appointed at the 54th annual shareholders' meeting and reappointed at the 55th meeting. Director Park's appointment is to expand production technologies and lead development of new materials and future technologies by utilizing his experience in successfully settling the steel-making business, which is part of integrated steel mill's process, based on his specialty in blast furnace operation as the foundation.
  • KIM, WON JIN
    KIM, WON  JIN
    • Head of Finance Management Division, Executive Vice President
    • Bachelor's degree in Statistics from Korea University
    • former) Head of Management Support Division at Hyundai Engineering & Construction (executive Director)
    • Director Kim Won-jin is head of Finance Management Division responsible for purchasing and logistics and Executive Vice President of Hyundai Steel. He was newly selected as a member of BOD at the 56th regular shareholders' meeting. His appointment is thanks to his varied experiences and expertise not only in finance but also human resources and planning with his extensive career as an executive of Hyundai Motor Group and aimed to strengthen financial decision-making capability in BOD.
  • LEE, JAE HWAN
    LEE. JAE HWAN
    • Head of Electric Arc Furnace Business Division, Senior Vice President
    • Bachelor's degree in Management at Andong National University
    • Former) Head of Hyundai Steel's Electric Arc Furnace Business Division, Executive Director
    • As head of Hyundai Steel's Electric Arc Furnace Business Division and Senior Vice President, Director Lee Jae-hwan was newly appointed as a member of BOD at the 57th annual shareholders' meeting with anticipation that he will expand EAF business's role in enhancing strength of EAF business that has the largest market share in house and building carbon-neutral, based upon his know-hows and specialty in construction, long steel products.

Independent Directors

  • KIM, SANG YONG
    KIM, SANG  YONG
    • Professor of Business Administration at Korea University
    • Doctor of Business Administration at Duke University
    • Former) President of Korean Marketing Association(2017-2019)
    • Director Kim Sang-yong was newly appointed as a member at the 53rd annual shareholders' meeting and reappointed was made at the 56th meeting. As a professor of Business Administration at Korean University, director Kim also serves as a member of Transparent Management Committee, a shareholder rights advocate and head of Compensation Committee in BOD, providing professional advisory in management field.
  • HONG, KYUNG TAE
    HONG, KYUNG TAE
    • Research Specialist at Korea Institute of Science and Technology
    • Doctor of Materials Engineering at KAIST(Korea Advanced Institute of Science and Technology)
    • Former) President of Korean Metallurgical Materials Association(2018)
    • Director Hong Kyung-tae was newly appointed as a member at the 54th annual shareholders' meeting and reappointed at the 57th meeting. Currently, he works as research expert at KAIST, a member of Audit Committee and Independent Director Candidate Recommendation Committee and head of Transparent Management Committee in BOD. Director Hong is a specialist in steel sector with career of president of Korea Metal Materials Association, offering professional knowledge in metallurgy.
  • YOO, JUNG HAN
    YOO. JUNG HAN
    • Professor of Architecture Department at Seoul National University of Science & Technology
    • Ph.D. in civil and environmental engineering at the University of Washington.
    • Vice Chairman of the Korean Society for Steel Structure (2019-2021)
    • Director Yoo Jung-han was newly appointed as a member at the 56th annual shareholders' meeting, serving as a member of Audit Committee and Transparent Management Committee. Director Yoo is a professor of Architecture Department at Seoul National University of Science & Technology, providing specialized opinion on building structures or new steel materials by actively participating in activities from academic institutes including Korea Institute of Steel Structure and Korea Society of Spatial Structure.
  • JAHNG, GEUM JOO
    JAHNG. GEUM JOO
    • Professor of the University of Seoul(Accounting)
    • Ph.D. in Business Administration at Yonsei University.
    • Vice President of the Korea Accounting Policy Association (2021)
    • Director Jahng Geum-joo was newly appointed as a member at the 56th annual shareholders' meeting. She serves as a member of Transparent Management Committee, Compensation Committee and head of Audit Committee. As a professor of Business Administration Department at University of Seoul and a certified public accountant, Director Jahng provides professional views in accounting based on her experiences in auditing and activities from Korea Accounting Policy Association for several years.
  • PAEK, JI SOON
    PAEK. JI SOON
    • Professor of School of Law at Korea University
    • Ph.D. at Augsburg University
    • Former) President of Korean Social Security Law Association
    • Director Park Ji-soon was newly selected as a member at the 57th annual shareholders' meeting. He takes a role of Audit Committee and Transparent Management Committee and head of Independent Director Candidate Recommendation Committee. Director Park is a professor of School of Law at Korea University, seeking solutions to current labor issues and providing professional knowledge to keep a good labor-management relations based on his experiences in National Human Rights Commission and Korean Social Security Law Association.

Operation Status of Board of Directors

Operation Status of Board of Directors
Session Date Agenda
Regular 1st Jan. 28, 2021 1. Report on the operational status of internal accounting control system
2. Report on the operational status of fair trade compliance program
3. Report on performances of compliance assistant
4. Approval of 2020 financial statements and business report
5. Approval of 2021 business plan and budget (proposal)
6. Approval of transactions with stakeholders including major stockholders
7. Approval of transaction between director and the company
8. Approval of change of compliance officer
Ad hoc 1st Jan. 23, 2021 1. Report on the operational status of internal accounting control system
2. Convening of the 56th Regular Shareholders' Meeting and approval of agenda presented for discussion
Ad hoc 2nd Mar. 23, 2021 1. Appointment of chairman of the board of directors
2. Appointment of members of the Transparent Management Committee
3. Appointment of members of the Compensation Committee
4. Approval of large-scale internal transactions
5. Approval of plan on 2021 safety and health
Regular 2nd April. 27, 2021 1. Report on the 1Q2021 business results
2. Revision on BOD regulations
3. Approval of large-scale internal transactions
Ad hoc 3rd July. 6, 2021 1. Approval of set-up of an affiliate
Regular 3rd July. 27, 2021 1. Report on the 2Q2021 business results
2. Report on the operational status of fair trade compliance program
3. Report on performances of compliance assistant
4. Approval of change of plan on 2021 safety and health
5. Approval of large-scale internal transactions
Regular 4th October. 28, 2021 1. Report on the 3Q2021 business results
2. Approval of large-scale internal transactions
3. Approval of the 2022 limit on corporate bond issuance
Ad hoc 4th November. 30, 2021 1. Approval of branch relocation
Ad hoc 5th December. 12, 2021 1. Approval of large-scale internal transactions

Subcommittees within the Board of Directors

Installation of Committees within the Board of Directors
Classification Executive Directors Independent Directors Major Function
Audit Committee - 4 Auditing accounting and operations of the company
Requesting reports on business results
Investigation of the company's operations and asset status
Transparent Management Committee - 5 Promotion of transparency in internal transactions and ethical management
Reviewing matters concerning protection of shareholders' rights
Approval on the appointment and dismissal of outside auditors 1 2 Recommending external director candidates
Compensation Committee 1 2 Approval of directors' remuneration limit to be presented in regular shareholders' meeting