Hyundai Engineering & Construction Appoints President Yoon Young-jun as New CEO

Construction Expert Yoon Young-jun Appointed President and CEO to Strengthen Future Business Capabilities
"We Will Lead Future Urban Changes by Securing Core and Original Technologies and Expanding Construction Automation"
Professor Cho Hye-kyung of Hansung University, a Robotics Technology Expert, Appointed as First Female Outside Director

President Yoon Young-jun appointed as CEO of Hyundai Engineering & Construction.

[Asia Economy Reporter Kangwook Cho] Hyundai Engineering & Construction announced on the 25th that it held the 71st regular general meeting of shareholders and board of directors and appointed President Yoon Young-jun as the new CEO.

CEO Yoon joined Hyundai Engineering & Construction in 1987 and has served as General Manager of the Business Management Office in the Finance Headquarters (Senior Executive Director), Head of Construction Support Business Division (Executive Director), and Head of the Housing Business Headquarters (Vice President), before being promoted to President last December.

CEO Yoon is a construction expert who has been with Hyundai Engineering & Construction for 35 years. He demonstrated outstanding competitiveness particularly in the housing business, elevating Hyundai Engineering & Construction’s apartment brand to a premium level and achieving record-breaking performance in housing maintenance projects, thereby accomplishing unparalleled results. Despite challenging conditions, he led Hyundai Engineering & Construction to sales growth and profit improvement.

Hyundai Engineering & Construction expects that CEO Yoon will continue to leverage his unique expertise and leadership to strengthen the company’s future businesses and new technology capabilities, such as smart construction technology and eco-friendly projects, even amid anticipated difficult management environments including industry regulations, investment reductions, and intensified competition. He is also expected to lead innovative, creative, and open organizational culture reforms.

Hyundai Engineering & Construction plans to strengthen competitiveness in its core EPC business to leap forward as a global EPC construction leader and expand its business scope across all stages from planning, design, construction to operation. Additionally, it aims to lead future urban transformations through securing core and original technologies and expanding construction automation.

At the general meeting of shareholders held on the same day, Hyundai Engineering & Construction reappointed Lee Won-woo, Head of the Plant Business Headquarters (Vice President), and newly appointed Kim Kwang-pyung, Head of the Finance Headquarters (Executive Director). Furthermore, Professor Cho Hye-kyung of Hansung University’s Department of IT Convergence Engineering was appointed as the first female outside director.

Professor Cho is an expert in robotics technology fields such as control and instrumentation engineering, IT convergence engineering, and control robot systems, possessing high expertise and extensive experience. She is expected to provide professional and diverse opinions in decision-making processes to secure future new growth engines such as Hyundai Engineering & Construction’s smart construction sector and construction automation (construction robots), based on her human network built through various experiences including serving as Dean of Academic Affairs at Hansung University and Senior Vice President of the Korean Robotics Society.

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