Hong Jeong-guk, CEO of BGF Group, Promoted to President... "Strengthening Responsible Management"
Three Years After Promotion to Vice President at the End of 2017
[Asia Economy Reporter Cha Min-young] Hong Jung-guk (photo, 38), the eldest son of Hong Seok-jo, chairman of BGF, and the current vice president and CEO of BGF, has been promoted to president and CEO. This comes about three years after his promotion to vice president in 2017.
BGF Group announced on the 27th that it has carried out the '2021 regular personnel appointments and organizational restructuring,' including this change.
Born in 1982, CEO Hong Jung-guk graduated from Stanford University with a degree in economics and worked at Boston Consulting Group Korea. In 2013, he completed an MBA program at the Wharton School and joined BGF Group, serving as head of the Strategic Planning Division and head of the Management Strategy Division. He was promoted to vice president in 2019. At the end of 2019, he was appointed CEO and has led the group's overall management and investment for the past year.
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Meanwhile, through this regular personnel appointment and organizational restructuring, CEO Hong plans to strengthen responsible management and focus on discovering and nurturing new growth foundations across the group.
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