The European Chamber of Commerce in Korea (ECCK) announced this week that it has recruited the country manager of ING Bank Korea to be its new chairman. The group picked Philippe Van Hoof to lead the non-profit and non-political organization.
The ECCK is a distinguished association of Europe-based companies operating in South Korea. It was established to provide various services and support to all European businesses in the country.
Van Hoof’s appointment was formally revealed by the organization on Thursday, June 15. He will be succeding Dirk Lukat, who is currently the chief executive of Schenker Korea. Van Hoof will take over and lead ECCK until the early part of 2025. His assignment to the post comes as Lukat has stepped down while in his third term due to a work transfer.
According to Yonhap News Agency, the new chairman of ECCK has been working as the country manager of ING Bank’s local unit in Seoul since August 2021. Before this, he was the head of ING’s financial institution division in the Asia-Pacific (APAC) and was based in Singapore during his tenure.
Furthermore, Van Hoof is a member of the Asia Pacific Senior Management Team since 2017. He is a Belgian executive with 29 years of experience in the banking industry who has been stationed in various countries, including Singapore, Korea, and Japan. He joined the ECCK as a member in 2021 and was elected chairman of the group’s sustainability committee in June 2022.
“The European Chamber of Commerce in Korea announced the new ECCK Chairperson. Philippe Van Hoof was appointed by the Board to succeed the previous Chairperson Dirk Lukat, who is preparing for his career outside Korea,” the ECCK said in a press release. “Phillipe Van Hoof will continue the Chairperson’s mandate as from June 1, 2023, up to the Board election due in 2025.”
Photo by: ECCK Press Release


Meta Reportedly Developing ‘Arena’ Prediction Market App to Rival Polymarket and Kalshi
California Drivers Sue BP, Walmart, 7-Eleven Over Alleged AI Gas Price Fixing
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock
Nike CFO Shake-Up Fuels Concerns Over Turnaround Strategy
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence
KPMG Australia Chairman and Senior Partners Exit Amid Escalating Whistleblower Scandal
SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched
Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off
South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery
Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns
U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs
Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks
NHTSA Investigates Fatal Tesla Model 3 Crash in Texas Amid Ongoing Autopilot and FSD Safety Scrutiny 



