Incheon International Airport Corp. said Monday that its CEO Lee Chae-wook has offered to resign before his official term expires in September.

“He may have decided to offer an opportunity for his successor to oversee the planned expansion project of the airport from the beginning,” said an airport official.

Lee, the former Asian chief of General Electric, took office to lead the nation’s main gateway in September 2008. He has been reappointed twice on his strong performance.

Incheon Airport plans to undergo a 4 trillion won ($3.6 billion) expansion project that is scheduled to start with the ground-breaking of the second terminal in May this year through 2017.

(jylee@heraldcorp.com)