Love for Alma Mater, Honoring Major Donors... Yeungnam University Unveils Bust of Chairman Lee Siwon

Donation of 1.07 Billion KRW High-Value Development Fund to Yeungnam University

Yeungnam University held an unveiling ceremony for the bust of Chairman Lee Si-won at the entrance of the 'Lee Si-won Global Convention Hall' on the 3rd floor of the Cheonma Art Center on the 4th.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeojonggu] Yeungnam University held a bust unveiling ceremony for Chairman Lee Siwon at the entrance of the ‘Lee Siwon Global Convention Hall’ on the 3rd floor of the Cheonma Art Center on the 4th.

Chairman Lee Siwon, as a businessperson who led the economic growth of the Republic of Korea and contributed to the development of his alma mater Yeungnam University by donating a large development fund amounting to 1.07 billion KRW, was honored for his achievements and to encourage the university’s culture of donation.

Chairman Lee Siwon, a graduate of the Department of Commerce at Yeungnam University (formerly Daegu University), class of ’63, proudly established Bucheon in 1975 and grew it into a globally recognized textile company known for its quality.

Also recognized for his outstanding capabilities as a manager, he received an honorary Doctorate in Business Administration from the university in April 2018, and the ‘Lee Siwon Lecture Room’ named after him was opened in the Sang-gyeong Building.

Chairman Lee Siwon of Bucheon said, “Yeungnam University is the place that nurtured me to be able to play a role in the development of the nation and society as a businessperson,” and added, “I only tried to give a small contribution to repay my alma mater, but I am grateful to have received such a great gift.”

Choi Oechul, President of Yeungnam University, said, “As one of the businesspeople who led the economic growth of the Republic of Korea and a proud alumnus of Yeungnam University, Chairman Lee Siwon’s footsteps will be a model for juniors,” and added, “We will engrave Chairman Lee’s precious will, who has supported the development of his alma mater unwaveringly for decades, in our hearts and further accelerate the nurturing of talents who contribute to human society.”

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