The U.S. Chamber’s US-Korea Business Council (USKBC) announced that David M. Cordani, president and CEO of Cigna Corporation, was elected chairman. Mr. Cordani, president and CEO of Cigna since 2009, will serve a two-year term, succeeding Dr. Paul Jacobs, executive chairman of Qualcomm.
“The USKBC has pursued a robust agenda, led by its engagement on KORUS, with an active role in both capitals,” said Cordani. “Beyond advocating for the benefits of our free trade agreement, the USKBC will continue to play a vital role in helping to forge a cooperative and mutually beneficial relationship between our two countries. There are many exciting areas for our two countries to explore for further cooperation – including energy, health care, the digital economy, and improving workforce productivity in both countries.”
“The USKBC is pleased to welcome David Cordani as its new chairman,” said Myron Brilliant, executive vice president and head of International Affairs for the U.S. Chamber. “Cigna has a long, successful history in Korea and that success has continued to grow under his leadership. David’s knowledge of the Korean market will be essential as he advocates to further expand economic opportunities for U.S. companies. We look forward to working with him.”
The Chamber’s USKBC is comprised of major US companies that do business in Korea and is the primary US-based business organization promoting strong economic ties between the two countries. The USKBC is a leading supporter of the US-Korea Free Trade Agreement and works to promote strong economic ties and policies that support expanded bilateral trade and investment, innovation and private sector-driven growth in both economies.