Chairman Kim Seung-yeon Returns After 7 Years to Lead Hanwha Corporation, Solutions, and Construction

Focusing on Discovering Future Growth Engines and Supporting Global Business
Return as Non-Registered Executives at Hanwha Co., Hanwha Solutions, and Hanwha Construction

[Asia Economy Reporter Hwang Yoon-joo] Kim Seung-yeon, Chairman of Hanwha Group, is returning as a non-registered executive of three affiliates, including Hanwha Corporation, for the first time in seven years, taking a leading role in group management.

Hanwha Group announced on the 26th that Chairman Kim will be based at Hanwha Corporation, the parent company and a leading firm in aviation and defense, Hanwha Solutions, a representative company in chemicals and energy, and Hanwha Construction, a leading company in construction and services, and will perform his role as group chairman starting in March.

However, considering that the affiliates operate under an independent management system centered on their boards of directors and will continue to develop autonomous and responsible management systems tailored to each company's business characteristics, he decided not to take on a registered executive position.

This is to focus on roles such as discovering future new growth engines across the group and supporting global business through overseas networks, rather than being involved in the daily management activities of the affiliates. In particular, he plans to concentrate on establishing future growth strategies within these companies and their business divisions, as well as supporting global business.

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