From the left, Heo Seong-gon, Mayor of Gimhae, and Hyeon Jong-won, Director of the Gimhae Talent Development Scholarship Foundation, are holding a commemorative photo at the inauguration and retirement ceremony of the foundation chairman. (Photo by Gimhae City)

From the left, Heo Seong-gon, Mayor of Gimhae, and Hyeon Jong-won, Director of the Gimhae Talent Development Scholarship Foundation, are holding a commemorative photo at the inauguration and retirement ceremony of the foundation chairman. (Photo by Gimhae City)

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[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Woo-kwon] The Gimhae City Talent Development Scholarship Foundation announced on the 30th that it held the inauguration and retirement ceremony of the 7th Chairman Kang Bok-hee and the 8th Chairman Hyun Jong-won at the Gimhae City Hall main conference room.


Outgoing Chairman Kang participated as a founding member from the early days of the scholarship foundation's establishment in 1992, serving as auditor and director, and served as the 5th, 6th, and 7th chairman since 2008. He served for 28 years until his term expired last May.


At the time Chairman Kang took office, the Talent Development Scholarship Foundation's assets were about 2.7 billion KRW, but including about 2.3 billion KRW absorbed from the Il-nyeom Scholarship Foundation, the assets increased by 7.3 billion KRW during his tenure as chairman. In March of this year, the foundation achieved the milestone of reaching 10 billion KRW in assets.


The 8th Chairman Hyun Jong-won has served as a director since 2000 and was nominated as chairman at the 75th and 76th board meetings, taking office on June 1 of this year after 20 years of service.


On the day of the inauguration ceremony, he donated 200 million KRW to the scholarship fund, once again putting into practice his philosophy of sharing, "Creating Value2 (Together, New Value)."


In his inaugural speech, Chairman Hyun first expressed gratitude to the donors who have supported the foundation so far, saying, "I accepted the position of chairman with the desire to serve the local community and the scholarship foundation for the rest of my life, and I will do my best in the role given for the development of the foundation."


Chairman Hyun also presented four visions for the development of the scholarship foundation: "diversification of scholarship projects," "strengthening cooperation with local universities and local companies," and "enhancing donor appreciation," stating, "I will strive to help Gimhae City develop into the best premium educational city in Korea and do my utmost for nurturing local talent."



Mayor Heo Seong-gon praised the achievements of former Chairman Kang during his 12 years as chairman and expressed deep gratitude, saying, "I congratulate Chairman Hyun on his inauguration and look forward to new changes and innovations in the scholarship foundation after his appointment."


This content was produced with the assistance of AI translation services.

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