South Korean steel pipe maker SeAH Group announced that Mr Lee Joo-sung as its new President & CEO, effective Januaru 02, 2022. Previously, Mr Lee served as Senior Executive Vice President, overseeing strategic planning, new business development, human resource development, finance and production. Known as a clear-headed and transparent manager with a keen grasp of future opportunities, Lee helped guide the company to record earnings in 2021, positioning him to lead SeAH Steel Holdings.As Senior Vice President, Mr Lee has combined his experience in financial institutions with his deep understanding of the steel industry, working to increase SeAH Steel’s competitive advantage in a global age. In 2020 and 2021, Mr Lee led the company’s MOU and investment of 400 billion won to build the world’s largest monopile production facility for wind power in the United Kingdom. The facility in Able Marine Energy Park, located south of the Humber River in North Lincolnshire, will handle 160,000 tonnes of monopile production annually. The company expects to deliver concrete business results from this investment, made through SeAH Wind, a wholly-owned subsidiary of SeAH Steel Holdings, and will break ground on the plant in early 2023.After high school in Switzerland and education in the United States at the University of Chicago and Colombia University, where he obtained his MBA, Mr Lee’s competency took him to Accenture and Merrill Lynch, where he further developed his expertise in M&A transactions, management consulting and strategy.