Hanla Group Completes New Business Organization Setup... Accelerates Preparation for the Future
[Asia Economy Reporter Kiho Sung] Hanla Group has completed the formation of a ‘New Business Promotion Organization’ within the group by establishing the WG Campus in the construction division.
Hanla announced on the 22nd that it has recruited Dr. Woo Kyung-ho, formerly of Samsung Electronics, as the head of the WG Campus headquarters. Previously, Mando had recruited Dr. Oh Chang-hoon as the head of the automotive division WG Campus in November last year.
This year marks the 100th anniversary of the birth of Hanla Group’s founder, Jeong In-young. ‘WG’ is the English abbreviation of Un-gok, derived from the founder’s pen name. Hanla Group named its advanced technology research institute for new business promotion the ‘WG Campus’ to inherit the pioneering spirit of founder Jeong In-young.
Hanla boldly reorganized its business portfolio for a second leap forward. The direction of the reorganization is to ‘value up’ businesses and assets generating stable profits and to streamline the rest. The core task of ‘securing new growth engines’ was added, completing the portfolio composition strategy. The WG Campus was assigned this core task.
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Dr. Woo Kyung-ho, head of the WG Campus, graduated from Seoul National University’s Department of Electrical Engineering, earned master’s degrees in Electrical Engineering from Stanford University and Applied Mathematics from Harvard University, and obtained a Ph.D. in Engineering from Harvard University through research on non-memory (system semiconductor) design. He then led consulting and new business planning related to construction, heavy industry, chemicals, energy, and resource development at Boston Consulting Group. Recently, he was in charge of IoT solution development at Samsung Electronics before moving to Hanla WG Campus.
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