Seoul: In the current Korean shipyard executive merry-go round orchestrated by creditor banks Lee Byung-Mo has been put forward by the Korea Development Bank to become the next CEO of STX Offshore & Shipbuilding. Lee is the current CEO of Daehan Shipbuilding.
KDB, which is the lead creditor to many troubled Korean yards, last week put forward the current STX CEO, Jung Sung-Leep as the next boss of Daewoo Shipbuilding & Marine Engineering (DSME).
Lee, whose shipbuilding career started with DSME in the 1980s, has been CEO of Daehan since 2011.