LH, 80% Replacement of Grade 1 Department Heads... Slimming Down from 9 to 6 Headquarters

Follow-up Personnel Changes Following the 2022 Organizational Restructuring
Organizational Efficiency Through Consolidation of Overlapping Departments and Offices

Korea Land and Housing Corporation (LH) announced that it has completed a major personnel reshuffle on the 31st, replacing 80% of first-level department heads according to the reorganized structure, reflecting internal and external management conditions including innovation measures.

The direction of this organizational restructuring is ▲ streamlining the headquarters organization to implement innovation measures ▲ operating a regionally focused organization and workforce to fulfill core functions such as expanding housing supply, enhancing residential welfare services, and balanced regional development.

LH explained that after in-depth organizational diagnosis by professional institutions and gathering various opinions including from the LH Innovation Committee, the reorganization was finalized through board approval last November.

Looking at the main points, LH reduced the nine headquarters at the main office to six by reflecting the functional adjustments of the LH innovation plan and integrated departments and offices with overlapping functions.

The personnel secured through streamlining the headquarters will be utilized to address labor shortages in regional sites due to early realization and increased workload of government policy projects such as the 3rd New Town and the 2.4 Plan, operating a regionally focused organization and workforce.

LH implemented follow-up personnel appointments after the organizational restructuring to accelerate policy projects such as expanding housing supply and to expand public roles including residential welfare through efficient personnel allocation in the changed organization.

To prevent work gaps due to retirement and to secure execution capability of the reorganized structure, follow-up personnel appointments were carried out. In particular, for first-level department heads, a verification committee with a majority of external members was formed to thoroughly verify real estate holdings and other factors, not only assessing work ability but also integrity.

Additionally, to actively implement policy projects and support youth employment, LH announced on the 30th the recruitment of 250 new employees at grades 5 and 6, and is currently conducting the new hiring process.

Kim Hyun-jun, President of LH, said, “We have carried out organizational restructuring and regular personnel appointments to faithfully implement the LH innovation plan and strengthen policy project execution capabilities,” adding, “We also hope that the ongoing new recruitment will serve as an opportunity to resolve youth unemployment along with hiring local talents.”

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