Corporate News
Josep Kim, outgoing LG East Africa managing director. PHOTO | FILE
By OKUTTAH MARK
In Summary
LG electronics has appointed South Korean national
Tae-Ick Son as managing director for Kenya. Mr Son will also be in
charge of LG’s East and Central Africa business.
He was a global department leader heading LG’s sales and
marketing team in South Korea prior to his appointment. “Mr Son brings
to the role a wealth of experience across all aspects of the
multi-functional electronics industry,” said Kevin Cha, the company’s
president for the Middle East and Africa Region.
LG’s flagship products are mainly home appliances –
fridges and washing machines – but the company has been increasing
its presence in the other market segments such as TV, which have been
dominated by Sharp, Samsung and Sony. It is also eying the smart phone
market, and recently launched the G3 brand in Kenya where it will be
seeking to cut dominance by Samsung, Techno, Huawei and Apple, among
others.
The G3, retailing at Sh59,999, will compete for a share of the market with iPhone 6 and Samsung’s S5.
The incoming MD’s experience within LG spans over
19 years, having held various positions including 10 years in charge of
business and strategy in the Middle East and African markets. Mr Son
replaces Josep Kim, who has been at the helm for three years.
“I would like to recognise the significant
contribution by the outgoing managing director, Josep Kim. We wish him
every success in the future as he takes up another role within the
company,” said Mr Cha.
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