Jung Yu-kyung and Jung Yong-jin, going their own way... End 'sister management' and separate affiliates.

[Anchor]
As Chung Yoo-kyung, general president of Shinsegae Group's department store division, was promoted to the chairman of Shinsegae Co., Ltd., the division of E-Mart and Shinsegae began in earnest.

Chairman Chung became the first female chairman of a large company in 70 years, and also set a record for succession of mother and daughter, which is unusual in the Korean business community.

Reporter Park Ki-wan reports.

[Reporter]
Chung Yoo-kyung, general president of Shinsegae Department Store Division, has become the chairman of Shinsegae Co., Ltd.

The promotion came from his first regular appointment since his brother, Chung Yong-jin, took office, and Shinsegae Group officially declared the separation of department stores, E-Mart, and affiliates.

E-Mart, convenience stores, and online retailers will be run by Chairman Chung Yong-jin, while department stores, duty-free stores, and fashion will be run by Chairman Chung Yoo-kyung.

As much of the stake is cleared, it is expected to speed up the remaining separation procedures.

Above all, the unusual succession of mother and daughter caught the eye.The youngest daughter of late Samsung Chairman Lee Byung-chul

, Lee Myung-hee inherited Shinsegae Department Store, and as the first female manager, Pan Samsung has turned Shinsegae into a 'distribution dinosaur' by raising not only department stores but also E-Mart and duty-free stores.

Chairman Chung, who took over the baton, is also drawing attention as he became the first female chairman born in the 70s in a major group.

In addition to the assessment of a smooth separation of affiliates, which is rare in the business community, some analysts say that the unstable financial situation in the construction and e-commerce sectors hastened the separation of affiliates.

[Seo Yong-gu / Professor of Business Administration at Sookmyung Women's University] Isn't it important to manage risk? The entire group may collapse due to the contagion of the insolvency of Shinsegae Construction.]

However, it is expected that it will take longer for the separation of affiliates to be completely completed before the remaining SSG.COM co-stakes and mutual debt guarantees can be cleared and reviewed by the Fair Trade Commission.

I'm Park Kiwan of YTN.

editing video;Han Su-min
design;im new star