LG Group chairman Koo Bon-moo adopts nephew as a son

LG Group chairman Koo Bon-moo has adopted his nephew, Kwang-mo as a son.

Interesting, why the LG chairman adopted the only son of his younger brother Koo Bon-neung, chairman of Heesung Group is in line with traditional, centuries old Confucian norms.

The group chairman, who also takes responsibility of Koo family affairs, has no son and two daughters. In Korea, adopting a nephew is not unusual, especially to insure a male heir to fulfill family Confucian rites.

LG officials dismissed a possible link that the adoption is related to the group's succession matter.

``LG Group family members has respect for the traditional eldest son-led system under Confucianism,'' the group said.

As to an eventual LG chairman successor, candidates include LG. Philips LCD vice chairman Koo Bon-joon, one of three younger brother of Koo Bon-moo.

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