Board directors of Hyundai Oilbank’s new charity foundation including chairman Kim Chang-ki (fourth from left) and Hyundai Oilbank CEO Kwon Oh-gap (fourth from right) pose for a photo as they celebrate the launch Wednesday. (Hyundai Oilbank)
Hyundai Oilbank launched a foundation made up of 1 percent of employees’ salaries on Wednesday.
Hyundai Oilbank became the first large company in Korea to have management and labor agree on sharing 1 percent of wages for charity in September.
Kim Chang-ki, former managing editor of the Chosun Ilbo, was named chairman of the foundation’s board of directors which include actor Choi Soo-jong, Sookmyung Women’s University professor Bae Jung-geun, Asan Medical Center professor Lee Taek-jong and lawyer Kim Woo-chan at Hanshin.
By Kim So-hyun (
sophie@heraldcorp.com)
