Jang Young-sik
Jang Young-sik | |
---|---|
Born | 1935 (age 88–89) Korea Electric Power Company president (1998–1999) |
Korean name | |
Hangul | 장영식 |
Hanja | |
Revised Romanization | Jang Yeongsik |
McCune–Reischauer | Chang Yŏngsik |
Jang Young-sik (born 1935) is a South Korean economist. He was the president of the Korea Electric Power Corporation (KEPCO) from May 1998 to April 1999.
Personal life and early career
Jang is a native of
Jang returned to South Korea in 1975, where he headed an energy markets research team at the
As KEPCO president
In May 1998, President
Yang lasted slightly less than a year in the position: on 21 April 1999, KEPCO Vice-President Yun Haeng-sun reported to the Ministry of Commerce, Energy, and Energy that Jang would formally submit his resignation in a few days. Yun stated that Jang felt he lacked sufficient organisational management skills to continue in his duties.[8] There were mixed assessments of Jang's impact at KEPCO. A November 1999 report by government auditors gave him credit for management reforms which led to some improvement in operational efficiency.[9][10] However, he was also later criticised for heavy use of his corporate expense account, as his own expenditures averaged 8.58 million per month, while KEPCO as a whole had the highest expenditures on expense account reimbursements out of all state-owned companies in 1999.[11]
One plan Jang worked on while at KEPCO involved upgrading electricity production and transmission facilities in order to export power to North Korea, as part of Kim Dae-jung's Sunshine Policy of increasing the level of inter-Korean cooperation, but in the end the plan was never implemented. In a 2005 interview, Jang stated that it had been abandoned due to technical problems.[12]
Later career
Jang was named to an endowed chair professorship at Hanyang University's Graduate School of Industrial Economics in August 1999.[13]
Selected works
- A comparative study of interdependent and causal chain systems in econometric model-building. Doctoral dissertation. Albany: State University of New York. 1970. OCLC 753696453.
References
- ^ a b "프로필: 張榮植 한전 사장 내정자" [Profile: Jang Young-sik, nominee for KEPCO president]. Yonhap News Agency. 1998-05-04. Retrieved 2013-10-17.
- ^ 秋旺勳 [Chu Wang-hun] (1998-05-15). "韓電사장에 張榮植씨 임명" [Jang Young-sik nominated as KEPCO president]. Retrieved 2013-10-17.
- ^ 김성용 [Kim Seong-yong] (1999-06-05). "장영식 전사장, 미국 비자 만료로 귀국" [Corporate ex-president Jang Young-sik's U.S. visa expiring, will return to country]. Yonhap News Agency. Retrieved 2013-10-17.
- ^ Jang 1970
- ^ "한나라당, 張榮植한전 사장 내정 비판" [Grand National Party criticises Jang Young-sik KEPCO nomination]. Yonhap News Agency. 1998-05-05. Retrieved 2013-10-17.
- ^ 秋旺勳 [Chu Wang-hun] (1998-05-15). "韓電사장 내정자 응모당시 '결격자' 논란" [Controversy whether nominee for KEPCO presidency 'not qualified' at time of application]. Yonhap News Agency. Retrieved 2013-10-17.
- ^ Doug Rogers, Internal Revenue Service (1998-10-22). "Quarterly Publication of Individuals, Who Have Chosen To Expatriate, as Required by Section 6039G". Federal Register. 63 (204): 56696–56698.
- ^ "한전 장사장 24일 오전중 사표 제출" [KEPCO president Jang will submit resignation on 24th]. Yonhap News Agency. 1999-04-21. Retrieved 2013-10-17.
- ^ 신삼호 [Sin Sam-ho] (1999-11-04). "한국전력 경영수지 개선됐나" [KEPCO management figures show improvement]. Yonhap News Agency. Retrieved 2013-10-17.
- ^ 신삼호 [Sin Sam-ho] (1999-11-04). "장영식전사장, '한전 경영개선 기여'" [Former president Jang Young-sik 'contributed to KEPCO management improvements']. Yonhap News Agency. Retrieved 2013-10-17.
- ^ 서영아 [Seo Young-ah] (2000-12-28). "한전 前사장 판공비 月858만원…경실련, 公기업 조사" [Former KEPCO president's expense account ₩8.58 million per month; Citizens' Coalition for Economic Justice investigates public companies]. The Dong-a Ilbo. Retrieved 2013-10-17.
- The Dong-A Ilbo. 2005-07-14. Retrieved 2013-10-17.
- ^ "장영식 전 한전사장, 한양대 석좌교수 임명" [Former KEPCO president Jang Young-sik named to Hanyang U. endowed chair professorship]. Yonhap News Agency. 1999-08-26. Retrieved 2013-10-17.