SK Innovation names Jeong Seung-il overall president and Kang Dong-su president; pursues shift to power business

[Financial News] SK Innovation has appointed Jeong Seung-il, president in charge of future growth at SK Inc., as its overall president, and Kang Dong-su, an SK Inc. president and head of its PM division, as president of SK Innovation and SK Energy. Jeong will oversee the transition to the power business and the future growth strategy, while Kang will pursue business portfolio optimization and improved operational efficiency.
SK Innovation said on the 30th that it would implement the 2027 executive appointments, including those described above, effective November 1.
The newly appointed overall president, Jeong, previously served as vice minister of the Ministry of Trade, Industry and Energy and as president of Korea Electric Power Corporation (KEPCO) and Korea Gas Corporation (KOGAS). Drawing on his experience leading public institutions in energy policy and the power and gas sectors, he is expected to oversee SK Innovation’s transition to the power business and its growth strategy as an integrated energy company.
The newly appointed president, Kang, previously served as head of SK Innovation’s strategy and finance division and its portfolio division, among other roles. Since November last year, he has served as an SK Inc. president responsible for the company and head of its PM division, handling group-wide business portfolio management and investment decisions. He plans to focus on optimizing the business portfolios of SK Innovation and SK Energy and improving operational efficiency.
Executive appointments were also made at major affiliates and in-house independent companies (CICs).
Kim Won-ki, president of the SK Enmove CIC, will also serve as president of SK Geo Centric. He will be responsible for strengthening the competitiveness of SK Geo Centric’s chemical business.
Kim Gyeong-jun, head of the Planning and Business Support Office at SK Earthon, has been newly appointed president of SK Earthon. He is expected to strengthen the competitiveness of its resource development business.
Kim Tae-jin, head of the crude oil business division at SKTI, has been newly appointed president of the CIC at SK On Trading International (SKTI), an in-house independent company (CIC) of SK On. He plans to focus on improving the profitability of its global trading business.
A SK Innovation official said, “These appointments are intended to strengthen the execution of our future growth strategy through business portfolio rebalancing and improvements to our financial structure,” adding, “We plan to solidify the foundations for sustainable growth by boosting the competitiveness and profitability of our existing businesses while accelerating our transition into an electricity provider.”

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