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President Lee Myung-Bak

President Lee Myung-Bak

Lee's Way Forward - Success out of Challenges

Lee was born in 1941 to a poor cattle farm laborer. He had to work to help support his destitute family as a student. In recalling the past, he said, "The chronic poverty that haunted my large family never disappeared until after I was in my 20s." Even though he put himself through Korea University by working as a street cleaner, he had never let go of hope.

After graduating from university, he joined Hyundai Engineering and Construction and became engrossed in his work. Rewarded for his hard work, he was rapidly promoted to the position of director within five years and the CEO of Hyundai Engineering and Construction after only 12 years. Working in the Hyundai Group, he developed a cosmopolitan mindset as a leading CEO in Korea through establishing a social network with international dignitaries, including Prime Minister Lee Kuan Yew of Singapore, Prime Minister Mahathir bin Mohamad of Malaysia, President Jiang 

Zemin of China and President Mikhail Gorbachev of the Soviet Union. He also crisscrossed the world to build various magnificent structures, including the Penang Bridge in Malaysia and a thermal power plant in Iraq.

After entering politics in 1992 as a member of the National Assembly of the New Korea Party in the 14th National Assembly after wrapping up a 27-year career with the Hyundai Group. In 2002. Lee declared his candidacy for Seoul Mayor. He came from behind to win the election. The challenging spirit of Lee Myung-bak as a politician began to attract keen attention from the public. After the election, he vowed, "I will give Seoul a complete makeover."

Many people raised doubts about his ambitious restoration scheme for Cheonggyecheon, a stream which runs through Seoul. It used to be covered up with a road and overpass. Critics argued that uncovering and restoring the stream would cause traffic congestion and an environmental disaster as well as disruption to the adjacent business districts. The overhaul of the public transportation system was met with a similar response. However, the successful completion of the two projects astonished many people.

Mayor Lee not only helped transform the landscape of Seoul but also put great emphasis on budgetary savings, thus cutting spending by 800 billion won annually. Those savings were used to cut the debt incurred from the construction of the subway system by half. That debt has been a long-running headache for the city. In addition, he also succeeded in improving the efficiency of public administration based on IT solutions. The e-government system of the Seoul Metropolitan Government ranked first overall in the world for two consecutive years under his supervision.

These innovative achievements were made possible by Lee Myung-bak's administrative style of incorporating business management principles into city administration. It was also part of his administration style to inspire even government officials to work with enthusiasm and this helped turn Seoul City into a dynamic public service organization. In a nutshell, Mayor Lee newly designed the city of Seoul. Such remarkable changes in the City of Seoul and Lee's leadership caught the eye of international media, including The Times, Business week and Financial Times. In October 2007, Time magazine chose Lee Myung-bak as the TIME Hero of the Environment for that year. By that time, Lee had become an international celebrity, and the reputation of Seoul followed suit.

In the presidential election on December 19, 2007, Lee garnered 48.7 percent of the total votes, approaching one half of total votes cast. He won 22.5 percent more votes than his closest competitor, Chung Dong-young of the United New Democratic Party associated with the incumbent administration. During the campaign, Lee pledged to donate his entire assets to the state, except for his family residence. So the young man who came to Seoul long ago empty-handed is now about to be empty-handed as president but of his own volition this time around.

President Lee Myung-bak's Profile

Academic & Honorary Degrees
Academic & Honorary Degrees
2005 Honorary Doctor of Economics, Mokpo National University, Mokpo, Korea
2005 Honorary Doctor of Economics, National University of Mongolia, Ulaanbaatar, Mongolia
2004 Honorary Doctor, Eurasia University, Astana, Republic of Kazakhstan
2004 Honorary Doctor of Business Administration, Sogang University, Seoul, Korea
1999 Visiting Scholar, The George Washington University, Washington D.C., USA
1998 Honorary Doctor of Science, Korea National University of Physical Education, Seoul, Korea
1965 B.A. in Business Administration, Korea University, Seoul, Korea
Professional Career
Professional
2008 President of the Republic of Korea
2007 Presidential Candidate of the Grand National Party
2006 Founder and Executive Chairman of Anguk Forum
2002-2006 Mayor of Seoul
2001 Commissioner, Subcommittee on Future Competitiveness, National Reform Committee, Grand National Party
1996~1998 Assemblyman of the 15th National Assembly
1992~1996 Assemblyman of the 14th National Assembly
Other Professional Activities
Economic Activities
Economic Activities
1989 Deputy Chairman of Korea-USSR Economic Association
1990 Executive Director of Korea Electric Association
1983 Vice President of Korea Management Association
1982-1992 Deputy Chairman of Korea Chamber of Commerce & Industries
1982 Chief of Construction Division, Economic Cooperation Committee in Southeast Asian Countries
1980 Vice President of International Contractors Association of Korea
1980 Vice President of Korea Atomic Industry Forum
Diplomatic Activities
Diplomatic Activities
2000-2007 Economic Advisor to Hun Sen, the Prime Minister of the Kingdom of Cambodia
1992-2007 Honorary Ambassador of Arkansas State, USA
1991 Chairman of Economic Committee for Northeast Asia(Member nations: Republic of Korea, Democratic People's Republic of Korea, Japan, China, Russia Mongolia)
1986-1999 Honorary Consul General of the Kingdom of Bhutan to Korea
Social Activities
Social Activities
2011-2007 Advisor to Overseas Korean Traders Association (OKTA)
2000-2002 President of Asia-Pacific Environmental Non-Governmental Organization in Korea
1994-2002 Founder & Chairman of East Asia Foundation
1993 Chairman of the World Federation of Korean Association of Commerce
Sports Activities
Sports Activities
1984 Bureau Member of FINA (La Federation Internationale de Natation)
1982-1992 Executive Member of the Korean Olympic Committee
1981-1992   President of the Korea Amateur Swimming Federation
Awards & Decorations
Awards & Decorations
2007 TIME Hero of the Environment
2005 Personality of the year 2005 awarded by FDI Magazine, affiliate magazine of the Financial Times  
1999 Selected as one of the 30 Business Leaders in Korea in the 20th Century by the Maeil Economic Daily & Federation of Korean Industries
1998 Selected as one of the 50 Leaders Contributing to National Development by the Chosun Ilbo
1985 Received the Order of Industrial Service Merit, Gold Tower
1984 Received the Order of Civil Merit
Publications
Publications
2007 My Mother
2007 Unwavering Promise
2005 Cheonggyecheon Flows to the Future
2002 See Hope When Everyone Else Talks of Despair
1995 There Is No Such Thing as a Myth
Personal Data
Personal Data
Family Married to Kim Yoon-ok with one son and three daughters
Religion Elder at Somang Presbyterian Church, Seoul, Korea

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