Yoo Byung-kyu, CEO of HDC Hyundai Development Company, "Focusing on Landmark Project Discovery... Will Become the Only One Developer"

HDC Hyundai Development Company held the inauguration and retirement ceremony for its presidents on the 3rd at the Yongsan headquarters. From the left, Executive Director Ha Won-gi, former CEO Kwon Soon-ho, and newly appointed CEO President Yoo Byung-kyu

Center: Former CEO Kwon Soon-ho, Right: Newly appointed CEO President Yoo Byung-kyu, Left: Executive Director Ha Won-gi

Yoo Byung-gyu, the new CEO of HDC Hyundai Development Company, said on the 3rd upon his inauguration, "Let us become the unrivaled Only-One strongest developer that no one can surpass, a company that is praised and respected for enhancing the value and happiness of consumers' lives."

On the same day, Yoo held the inauguration ceremony at the headquarters located in I'Park Mall, Yongsan-gu, Seoul, and officially began work for 2022. Under Yoo's leadership, HDC Hyundai Development Company aims to strengthen its core business competitiveness that is not shaken by market conditions, focusing on discovering high-quality large-scale landmark projects in 2022, and continuously enhancing its competitiveness as a developer.

The inauguration ceremony was held with a minimal number of attendees in accordance with quarantine guidelines to prevent the spread of COVID-19 and was broadcast live online. At the ceremony, CEO Yoo emphasized, "We will respond to the rapidly changing construction industry environment by enhancing our unique competitiveness as an Only-One developer, and change our working methods to be task-solving and horizontally autonomous cooperative styles that fit the evolving social environment and organization."

Additionally, he plans to make the utmost efforts to establish a safe construction environment. The company will continuously improve risk factors by introducing smart risk management programs and will continue to support partner companies to ensure practical safety management. Furthermore, HDC Hyundai Development Company plans to accelerate digital transformation by linking all operations with the ERP system to enable decision-making based on comprehensive data, and will strengthen the development of eco-friendly materials and construction methods as well as win-win cooperation with partner companies.

Meanwhile, former CEO Kwon Soon-ho, in his farewell speech, urged, "For HDC Hyundai Development Company to take a step forward, it must quickly adapt to the rapidly changing social environment and, based on creativity, each member must possess the ability as a Creator and become a confident multi-player."

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