Korea Mcnulty head selected as prominent woman leader

By Kang Seung-woo
Lee Eun-jung

Lee Eun-jung, the chairwoman of Korea Mcnulty, a manufacturer and supplier of coffee products, was named to the Ernst and Young (EY) Entrepreneurial Winning Women Asia-Pacific program that selected 15 leading businesswomen, the London-based company said Friday.

The year-long executive leadership program, begun in 2015, is designed to assist established women-led businesses that are ready to become global market leaders. In addition, it provides strategic support through leading guidance and access to the EY global entrepreneurial ecosystem.

This year’s program includes businesswomen from six countries _ Australia, China, Singapore, Sri Lanka, Vietnam and Korea.

“It is a great honor for the company as well as for me. Upon learning of the selection, I looked back on the past course that I took for the last 20 years and those who I worked with,” Lee told The Korea Times.

“I plan to take advantage of the precious opportunity given by EY by fully participating in the program for a year.”

After opening the Mcnulty cafe in 1993 and growing the business to 30 stores, Lee established Korea Mcnulty in 1997. Over the years, her company has emerged into one of the nation’s largest roasted coffee bean manufacturer and supplier, which helped it get listed on the tech-heavy KOSDAQ in 2015 _ the first time for a coffee company.
In 2006, the firm decided to beef up its business portfolio, expanding into the pharmaceutical business.

“I believe that Korea Mcnulty has played an important role in popularizing coffee bean-related retail products after I started the coffee business in the mid-1990s when it was still in its early stages,” she said.

The 15 businesswomen are scheduled to gather for the first time at a two-day conference in Mumbai, India. Following the maiden event, they will also take part in a series of EY’s customized year-long leadership programs aimed at connecting them with the advisors, resources and insights they need to scale their businesses and become global market leaders.

“Through this program, I plan to learn Asia-Pacific’s elite businesswomen’s leadership and business skills and take advantage of these as a chance to build human networks with them,” Lee said, adding that she will use such experiences for her business.

Annette Kimmitt, EY’s global middle market leader, said, “Our commitment to the advancement of women entrepreneurs has never been greater. Through Entrepreneurial Winning Women, we focus on building a strong community and providing women business leaders with access to the contacts and tools they need to achieve their next levels of growth.”

Park Hye-rin, CEO of Omnisystem, a manufacturer and distributor of digital electricity meters, and Kim Mi-kyung, CEO of EOS Corp., a designer and producer of printed circuit boards, were selected to the program in 2016 and 2015, respectively.

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