• President of Korea East-West Power
    Kwon Myung-ho

    First Politician to Lead a Power Generation Public Corporation Faces Challenge of Overcoming Parachute Appointment Controversy

    Last Updated on Dec 20, 2024

Life Summary

Kwon Myung-ho is the President of Korea East-West Power.

He prioritizes safety as the core value and focuses on securing new growth engines, such as power development, renewable energy generation, and energy-related new businesses, to achieve sustainable growth.

He was born on January 10, 1961 (lunar calendar) in Dong-gu, Ulsan.

Kwon attended Bangojin Elementary School, Bangojin Middle School, Hakseong High School, and graduated from the English Language and Literature Department at the University of Ulsan. He also completed a master's degree in public administration at the Graduate School of Public Policy at the University of Ulsan.

His political career began in 2006 as the Chair of the Dong-gu Council in Ulsan Metropolitan City. He subsequently served as a member of the 5th Ulsan Metropolitan Council and as the Head of Dong-gu District in the 7th term.

Kwon was elected as a member of the 21st National Assembly, representing Dong-gu, Ulsan, and served in various positions, including Deputy Floor Leader of the People Power Party, member of the National Assembly's Trade, Industry, Energy, SMEs, and Startups Committee, and Vice Chairman of the Small and Medium Enterprises Committee of the People Power Party. However, he was defeated when he ran as a People Power Party candidate for Dong-gu, Ulsan, in the 22nd general election.

He was appointed as the President of Korea East-West Power on November 5, 2024, after recommendations from the executive nomination committee, deliberation and resolution by the Public Institution Operation Committee, approval at the general shareholders’ meeting, recommendation by the Minister of Trade, Industry, and Energy, and formal appointment by the President.

Kwon's deep understanding of Ulsan’s local issues, stemming from being born and raised in Dong-gu, was seen as one of his strengths. However, some critics labeled his appointment as political parachuting.

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