KOREA WHO
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Vice Chairman of Aekyung Group
Chai Hyung-suck
Restructuring Portfolio Around Aviation, Steadfast and Low-Profile Leadership Built on Trust
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Last Updated on May 19, 2025
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Vice Chairman of Aekyung Group
Life Summary
Chai Hyung-suck is the Vice Chairman and Group COO of Aekyung Group. He also serves as the CEO of AK Holdings, the group's holding company.
He is focusing on improving Aekyung Group’s stagnant growth, strengthening its financial structure, and restructuring its business portfolio.
He was born in Seoul in 1960 as the eldest son of Chai Mong-in, the founder of Aekyung Group, and Jang Young-shin, the current Chairwoman of the group.
He graduated from Korea High School in Seoul and studied Business Administration at Sungkyunkwan University. He later earned a master’s degree in Business Administration from Boston University in the United States.
He began his involvement in group management as an auditor at Aekyung Industrial, later serving as CEO of Aekyung Chemical and Vice Chairman of Aekyung Group.
After being promoted to Vice Chairman and Group COO in 2006, he led the group's restructuring efforts.
He entered the retail business by establishing Aekyung Department Store and launched the leisure and real estate development sectors through Aekyung Development. Despite opposition, he ventured into aviation and grew Jeju Air into the leading low-cost carrier in South Korea.
He is known for his deep filial devotion to his mother, Chairwoman Jang Young-shin, and maintains strong bonds with his siblings.
He delegates the management of affiliates to his younger siblings and professional executives, while focusing primarily on major group-wide issues.
#ChaiHyungsuck #AekyungGroup #AKHoldings #JejuAir #KoreaBusiness #KoreaAviation #SungkyunkwanUniversity #BostonUniversity #grouprestructuring #KoreaFinance
He is focusing on improving Aekyung Group’s stagnant growth, strengthening its financial structure, and restructuring its business portfolio.
He was born in Seoul in 1960 as the eldest son of Chai Mong-in, the founder of Aekyung Group, and Jang Young-shin, the current Chairwoman of the group.
He graduated from Korea High School in Seoul and studied Business Administration at Sungkyunkwan University. He later earned a master’s degree in Business Administration from Boston University in the United States.
He began his involvement in group management as an auditor at Aekyung Industrial, later serving as CEO of Aekyung Chemical and Vice Chairman of Aekyung Group.
After being promoted to Vice Chairman and Group COO in 2006, he led the group's restructuring efforts.
He entered the retail business by establishing Aekyung Department Store and launched the leisure and real estate development sectors through Aekyung Development. Despite opposition, he ventured into aviation and grew Jeju Air into the leading low-cost carrier in South Korea.
He is known for his deep filial devotion to his mother, Chairwoman Jang Young-shin, and maintains strong bonds with his siblings.
He delegates the management of affiliates to his younger siblings and professional executives, while focusing primarily on major group-wide issues.
#ChaiHyungsuck #AekyungGroup #AKHoldings #JejuAir #KoreaBusiness #KoreaAviation #SungkyunkwanUniversity #BostonUniversity #grouprestructuring #KoreaFinance