Kim Do-kyun, former commander of the Army's Capital Defense Command, was selected as a candidate for Kangwon Land's president. Candidates for vice president are Kwon Soon-hyung, current executive director of Geumcheon-gu Facilities Management Corporation, and Yoo Jeong-bae, former president of Korea Coal Corporation.

Kangwon Land held its 234th board meeting on the 11th and decided on the appointment of executive candidates.

The president is finally appointed by the president after the recommendation of the Minister of Trade, Industry and Energy. The term of office is three years.

The vice president is finally appointed by the head of the institution through the process of appointing the general shareholders' meeting, and the term of office is two years.

The board of directors also voted to appoint Jang Kyung-yeol, former head of the Gangwon branch of the National Intelligence Service, as a candidate for the standing audit committee. The standing audit committee member is finally appointed by the president after the recommendation of the Minister of Finance and Economy, and the term of office is two years.