Min Seungbae, BGF Retail CEO, Promoted to President... BGF Group Announces Regular Appointments

BGF Group Announces Regular Personnel Appointments for 2027

BGF Group announced on the 13th that it had carried out its regular personnel reshuffle for next year, including the promotion of Min Seungbae, CEO of BGF Retail, to president.

BGF Group announced its regular personnel appointments for 2027 that day, saying, "We focused on creating synergies across the organization and strengthening expertise so we can respond nimbly to the rapidly changing business environment and drive sustainable growth."

Min Seungbae, CEO of BGF Retail. Courtesy of BGF Retail.

In executive appointments, Lim Hyunggeun, head of the Merchandising and Marketing Division, was promoted to executive vice president, while Shin Jongha, head of the Management Innovation Office, and Jang Seonggwan, head of Region 3, were each promoted to senior vice president. Senior managers Noh Sudeok and Han Yunbeom were newly appointed as head of Region 5 and head of the Win-Win Cooperation Office, respectively.

Appointments were also made at affiliates. Director Shim Jaejun was named CEO of BGF Humanet, while Director Kim Minseok was appointed to the board of BGF Humanet and Director Yoo Hoseok to the board of BGF Logistics.

The company said the key focus of this reshuffle was to reorganize core functions in line with the direction of business growth. It added that the appointments reflected its determination to boost future competitiveness through close collaboration across the group, maintain its performance-oriented approach, and ensure stable operations in field organizations.

BGF Group emphasized, "Through these appointments, we plan to place next-generation talent with a broad range of expertise in key positions and encourage active rotation between departments to inject new vitality into the organization." Building on this, the group plans to maximize collaboration synergies, lay the foundations for medium- to long-term growth, and continue pursuing differentiated strategies from the customer's perspective.

This content was produced with the assistance of AI translation services.