Yonhap News TV-new president

SEOUL, March 22 (Yonhap) -- Song Hyun-seung, president of Yonhap News Agency, was elected as new president and chief executive officer of the company's television branch, Yonhap News TV, in a shareholders and board meeting Friday.

Yonhap News TV is the operator of the all-news cable channel "news Y."

Song, a graduate of Korea University, joined Yonhap in 1983 and had served in key posts of the company, including editor of the city and political desks, and as managing director before moving to Yonhap Infomax, the financial news and market intelligence arm of Yonhap News Agency, in 2006.

The 58-year-old Song was named president and CEO of Yonhap News Agency on March 15.

Three new executives were also appointed.

Yonhap News TV's managing director Yoo Byeong-cheol was promoted to the post of executive director; Lee Rae-woon, director of the company's news bureau was appointed to concurrently serve as managing director; and Choi Hon-ho, chief of Eulji Foundation's managerial bureau, was appointed as outside director.

Yonhap News Agency is South Korea's key newswire service that produces content for newspapers, broadcasters, Internet portals, the government and private enterprises, distributing some 3,000 news articles per day.

Yonhap also has 62 reporting staff in 46 major cities in 35 countries as well as the most extensive nationwide network in South Korea, providing daily news in Korean, English, Chinese, Japanese, French, Arabic and Spanish.

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