On Friday, November 7, Seoul Economic Daily reported that Bang Min-soo, a former member of Teen Top, will be serving as the president of a new venture called Idol Union.

This announcement marks an exciting new chapter for Bang Min-soo as he takes on a leadership role in the entertainment industry. Idol Union aims to make a significant impact under his guidance.
https://www.sportskeeda.com/us/k-pop/news-a-big-joke-internet-reacts-former-teen-top-member-bang-min-soo-reported-lead-south-korea-s-idol-union-amidst-past-controversies