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President of SKorea's Olympic body to step down

February 6, 2013 | Modified: February 6, 2013 at 9:35 am
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Photo - International Olympic Committee (IOC) President Jacques Rogge, right, poses with the head of the Korean Olympic Committee Park Yong-sung at the national training center for Olympic athletes in Jincheon, south of Seoul, South Korea, Thursday, Jan. 31, 2013. Rogge signed a deal Wednesday allowing South Korean organizers to sign up domestic sponsors for the 2018 Winter Olympics in Pyeongchang. (AP Photo/Yonhap, No Seung-hyuk) KOREA OUT
International Olympic Committee (IOC) President Jacques Rogge, right, poses with the head of the Korean Olympic Committee Park Yong-sung at the national training center for Olympic athletes in Jincheon, south of Seoul, South Korea, Thursday, Jan. 31, 2013. Rogge signed a deal Wednesday allowing South Korean organizers to sign up domestic sponsors for the 2018 Winter Olympics in Pyeongchang. (AP Photo/Yonhap, No Seung-hyuk) KOREA OUT

SEOUL, South Korea (AP) — The president of South Korea's Olympic Committee says he will not run for a second term in elections this month.

Park Yong-sung says in a statement he has done all he set out to do as head of the KOC.

During his four-year term, South Korea won the right to host the 2018 Winter Olympics in the alpine town of Pyeongchang after two unsuccessful bids.

Park is chairman of Doosan Heavy Industries & Construction and a former member of the International Olympic Committee.

The 72-year-old cites age as another reason he's stepping down.

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