HMM names Jae-hoon Bae as its new chief executive

Hyundai Merchant Marine (HMM) today announced the appointment of ex-Pantos Logistics head Jae-hoon Bae (pictured above) as its new president and chief executive.

Mr Bae had been selected as the preferred candidate by the South Korean carrier’s recommendation committee, which is led by Korea Development Bank, on 7 March.

“Mr Bae, an expert in logistics who successfully served as chief executive of Pantos Logistics for six years, is favoured because of his broad understanding and capabilities in terms of sales negotiation, global ...