Audi Volkswagen Korea Announces Executive Appointments by Division... 3 Promotions in Korea

Evaluation Results of the One-Year Executive-Level Manager Training Program

Hong Seok, newly promoted to executive director and head of sales for the Audi division (from left), Shin Dong-hyeop, head of marketing communications for the Volkswagen division, and Lee Su-jin, head of group communications and social contribution for Audi Volkswagen Korea (Photo by Audi Volkswagen Korea)

[Asia Economy Reporter Jihee Kim] Audi Volkswagen Korea announced on the 27th the promotion of three executives within the group and its affiliated brands. The promotions will take effect on the 1st of next month.

In this personnel move, Hong Seok, Head of Sales for the Audi division, Shin Donghyeop, Head of Marketing Communication for the Volkswagen division, and Lee Sujin, Head of Group Communication and Social Contribution at Audi Volkswagen Korea, were each promoted to Managing Director. Notably, this promotion was achieved through the 'New Personal Development (NPD)' evaluation process, an executive-level manager development program implemented for the first time in Korea. NPD requires selected executive-level manager candidates to demonstrate their capabilities by leading various projects over approximately one year. After multiple interviews and multi-rater evaluations by numerous assessors, the final decision was made to promote three Korean executives.

Rene Koneveag, President of Audi Volkswagen Korea Group, said, "We are pleased to see progress in our efforts to enhance the competitiveness of Korean talent," adding, "To leap forward as a leading mobility company in the Korean market, we will continue to strengthen organizational capabilities across key areas and foster the development of executive-level managers."

Meanwhile, Audi Volkswagen Korea is also conducting a leadership development program called 'Talent Circle' to nurture mid-level manager candidates. Currently, 16 candidates are undergoing the evaluation process.

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