ICC elects new Chairman and Vice-ChairmanICC elects new Chairman and Vice-Chairman

 
 

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ICC elects new Chairman and Vice-Chairman

Yong Sung Park - elected ICC Chairman for 2005-2006

Paris, 3 December 2004 - A new Chairman and Vice-Chairman of the International Chamber of Commerce (ICC) were elected today at the meeting of ICC's World Council, which brought together over 100 of its business members from over 60 countries.

Current ICC Chairman, Jean-René Fourtou elected ICC Honorary Chairman

Vivendi Universal CEO, and current ICC Chairman, Jean-René Fourtou was today elected to the position of ICC Honorary Chairman.

At the World Council meeting today, Mr Fourtou said he had been privileged to lead the ICC, that he looked forward to continuing his work with the organization and that he was confident the new ICC Chairmanship would ensure ICC continues to grow in influence and stature.

Leading Korean businessman Yong Sung Park to become ICC Chairman

Mr Park, who is the Chairman of Doosan Heavy Industries in South Korea, will assume the role of ICC Chairman on January 1, 2005, after having served two years as the organization's Vice Chair. He will serve as ICC Chairman for two years.

He is also Chairman of the Korea Chamber of Commerce and Industry (KCCI), in which capacity he hosted the 2nd World Chambers Congress in Seoul in June 2001. Prominent in international sport, he has served as a member of the International Olympic Committee since 2002 and is President of the International Judo Federation.

Mr. Park graduated from the School of Commerce of Seoul National University and took an MBA at the Leonard N. Stern School of Business, New York University.
In his address to the ICC World Council today, Chairman-elect Mr Park said he wanted to use his chairmanship to reinforce ICC's status as the world's preeminent business organization.

"ICC is the voice of world business," Mr Park said. "It is valued throughout the business world for the global reach of its network and size of its influence. I hope to strengthen that network, maintain that influence and ensure that ICC continues to provide not only its members, but business people everywhere, an invaluable range of products and services."

He said he wanted to extend the organization's reach beyond the current 130 countries and attract "an even broader business membership".

Mr Park said he would place particular emphasis during his chairmanship on bolstering ICC's presence in Asia.

Swedish businessman Marcus Wallenberg elected ICC Vice-Chairman

Swedish businessman, Marcus Wallenberg, was today elected Vice-Chairman of ICC.

Mr Wallenberg, President and CEO of Investor AB, will serve for two years at ICC. He assumes the office of ICC Vice Chairman from 1 January 2005.

Mr Wallenberg said he looked forward to building on ICC's long history of providing vital services to business.
"Like ICC's founders, I believe international trade and investment are critical factors for economic growth and job creation, with important implications also for cross-border cooperation," Mr Wallenberg said.

The Wallenberg family has served ICC in many important ways over the years. Marcus Wallenberg's grandfather, Marcus, and uncle, Peter, each served as ICC Chairman from 1965 to 1967, and from 1989 to 1990, respectively. Peter Wallenberg continues as the only permanent Honorary Chairman of ICC.

Marcus Wallenberg, who is also the Vice-Chairman of L M Ericsson, Saab AB and Skandinaviska Enskilda Banken, said he would strengthen ICC's three main roles, namely as "the voice of international business", the creator of voluntary rules for the conduct of international business
and as a provider of services to international business - such as the ICC International Court of Arbitration.

Investor is the largest industrial holding company in the Nordic region. Investor is a leading shareholder in a number of multinational companies and conducts private equity activities in North America, Europe and Asia.

Mr Wallenberg is also a board member of AstraZeneca Plc, Investor AB, Scania AB, Knut & Alice Wallenberg Foundation and Stora Enso Oyj.

 

For further information contact Dawn Chardonnal, ICC Communications, tel: +33 1 49 53 29 07. email Click here to send a mail.">Click here to send a mail.

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