![LG_appointed_40_year_old_founding_family_member_as_new_CEO](https://currentaffairs.freejobalert.com/wp-content/uploads/2018/06/LG_appointed_40_year_old_founding_family_member_as_new_CEO-300x231.jpg)
South Korea’s fourth largest conglomerate, LG has announced the appointment of Koo Kwang-mo, the 40-year-old son of the family-controlled conglomerate’s late Chairman Koo Bon-moo, as its CEO. He has become the fourth-generation leader of the family-controlled conglomerate.