Shin Dong-Bin

Chairman of Kyobo Life Insurance, which his father founded. Studied to be an obstetrician; also a professor medicine. He won the 2009 Asia Insurance Industry Award. Kyobo Life Insurance saw net profits of $253 million) last year despite the crisis. It has also had the highest return on equity among Korea's big three life insurers in the past five years.Vice chairman of Lotte Group since 1997 and the chief executive of Lotte Shopping since 2006 is the second son of group founder Shin Kyuk-ho. Studied business at Aoyama Gakuin University in Japan and received his MBA from Columbia University, and once worked at Nomura Securities. He is now playing a major role in moving the Lotte brand into overseas markets. Lotte Department Store opened a branch in Moscow in 2007 and one in Beijing in 2008. The retail unit is currently planning to open a second branch in Tianjin and other major cities in China. It also plans to open a store in Hanoi in 2013. Lotte Chilsung Beverage, the company's soft drink affiliate, acquired Doosan Corporation's liquor unit for $448 million early last year. Korea Seven, a subsidiary running Seven Eleven stores, took over Buy The Way for $245 million.