Seoul • The South Korean businessman who led Pyeongchang's successful bid for the Winter Olympics is set to return as head of the organizing committee for the 2018 Games.
Cho Yang-ho, chairman of Korean conglomerate Hanjin Group, said in a statement released by the company that he has accepted the position made vacant by the surprise resignation last week of Kim Jin-sun.
The new chairman needs to be officially approved at a meeting of Pyeongchang's local organizing committee on Friday. Cho's election is considered a formality.
"Now that I've agreed to take on the job as the chief organizer, I will dedicate myself to ensure a successful Winter Olympics in Pyeongchang, relying on my experience as the top bid official," the 65-year-old Cho was quoted as saying by Korean media.