New KEPCO E&C President Lee Bae-soo took office as CEO of the company at an inauguration ceremony at its headquarters in Gimcheon, Gyeongsangbuk-do, on Feb. 13.
The inauguration ceremony served as an opportunity for President Lee to explain management’s goals and the direction of major tasks, while presenting a plan on innovative growth for KEPCO E&C.
“Fundamental changes and innovation are required to cope management environment changes such as an energy policy paradigm shift,” President Lee said.
Lee urged his executives and staff members to have KEPCO E&C be reborn as an energy technology company that can maintain sustainable growth by making the most of its preserving strength to transform a technology laggard into a world-class technology company.
“(KEPCO E&C will) ramp up investment to develop technologies of new energy businesses such as new and renewable energies and capabilities to commercialized them so that it can correspond to a national energy policy paradigm shift,” he said.
President Lee stressed that KEPCO E&C will maintain growth potential by diversifying such core conventional business arenas as nuclear power and thermal power as well as foreign markets. He also emphasized his company’s upgrading management systems and risk management capabilities to conform to an export-oriented business structure.
KEPCO E&C will nimbly cope with global crises and changes by dramatically removing inefficiency factors while maximizing manpower capabilities through constitutional and mindset innovation and a systematic manpower development system, he said. Lee said his company will proactively implement projects to create jobs and promote shared growth with SMEs through growth and challenges as a public entity of the innovative city of Gimcheon, Gyeongsangbuk-do. President Lee, 64, a graduate of Yonsei University Astrometeorological Department, obtained a master’s degree in astrometerology from the university’s graduate school.
Lee, who entered KEPCO E&C in 1983, has been recognized as an engineering expert as he has been with stints in environmental technology and new & renewal energy sectors. He held such positions as the head of KEPCO E&C’s plant business development division, chief of the management planning division, head of the marketing division, and an executive in charge of planning and marketing. He also served as a standing adviser with Samsung Engineering’s marketing division and senior executive vice president of KEPCO E&C.
KEPCO E&C was founded in 1975 with the goal of accomplishing self-reliance in power plant engineering technology, in the midst of two times of oil crises in the 1970s.
KEPCO E&C is a world-class company having the A/E (Architect Engineering) and NSSS (Nuclear Steam Supply System) Design technology, and developed Korean standard nuclear power plant OPR1000 (Optimized Power Reactor 1000) and APR1400 (Advanced Power Reactor 1400), the next generation nuclear power plant with international competitiveness.
In the field of thermal power plant, KEPCO E&C has developed design technology of 500MW class, 800MW class, and 1000MW class coal-fired thermal power plants to fulfill the demands for power plants of various capacities and purposes. Furthermore, by developing environment-friendly facilities such as desulfurization and denitrification, KEPCO E&C have improved the Pollutant emission problem to lead the design technology of clean coal-fired thermal power plants.
In addition, KEPCO E&C, based on our plentiful experience in power plant design and technology, has secured competitiveness in the energy industry such as environment and renewable energy business, transmission & distribution/substation business, and PM/CM business.
A view of an inauguration ceremony in which KEPCO E&C President Lee took office as CEO of the company at an inauguration ceremony held at KEPCO E&C headquarters in Gincheon, Gyeongsang-buk-do, on Feb. 13.