Kim Young-hoon "Energy Efficiency Must Be Maximized"... KAIST Honorary Doctorate Holder

Daesung Group Chairman
Receives Honorary Doctorate in Science and Technology from KAIST on the 28th

Younghoon Kim, Chairman of Daesung Group

[Asia Economy Reporter Kim Daeseop] Daesung Group announced on the 27th that Chairman Kim Young-hoon will receive an honorary doctorate in science and technology from KAIST.

The 2020 degree conferral ceremony will be held on the 28th at the Daejeon headquarters. To prevent the spread of the novel coronavirus infection (COVID-19), only a very small number of people will attend the event in person, and it will be held online.

Kim Young-hoon, Chairman of Daesung Group, has raised the nation's prestige through international activities representing Korea's energy industry, serving as Chairman of the World Energy Council (WEC), the world's largest private energy organization with a 100-year history headquartered in London, UK, and as a member of the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council. He will receive an honorary doctorate in recognition of his contributions to national economic development through corporate management over the past 20 years. (For related articles, see the August 24, 2020 issue of this paper <Kim Young-hoon to receive honorary doctorate from KAIST>)

Starting with his appointment as Vice Chairman of the WEC Asia-Pacific region in 2005, Kim served as co-chairman and was elected as the first Korean Chairman of the WEC from 2016 to 2019. During this period, he successfully led the domestic hosting of the '2013 Daegu World Energy Congress.'

He is also evaluated to have greatly contributed to the globalization of Korea's energy sector by strengthening the status of the WEC as a genuine global organization through structural reforms during his term and by serving as a global bridge.

Kim currently serves as Honorary Chairman of the WEC. He is also active as an industry member of the National Climate and Environment Council (Chairman Ban Ki-moon), which aims to reduce fine dust and other environmental issues.

Kim said, "I am honored to receive an honorary doctorate from KAIST." He added, "Countries that developed new technologies utilizing energy such as coal and electricity in the past led two industrial revolutions and dominated the global economy. I expect KAIST, the mecca of Korean innovative technology, to lead the global energy transition by maximizing energy efficiency through the convergence of advanced technologies such as IT, batteries, and bio with energy technology, and to lead our country to become an economic powerhouse."

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