Chosunghwan, CEO of Hyundai Mobis, Elected as Next President of International Organization for Standardization (ISO)
The First Korean Head of the World's Largest Standards Organization
[Asia Economy Reporter Kiho Sung] Cho Seong-hwan, CEO of Hyundai Mobis, has been elected as the next head of the International Organization for Standardization (ISO), the world's largest standard-setting body that establishes universal norms for global trade and commerce. He is the first Korean to hold this position.
According to the Ministry of Trade, Industry and Energy on the 23rd, Cho was elected as the next ISO President at the 44th ISO General Assembly held from the 19th to the 23rd (local time) in Abu Dhabi, United Arab Emirates (UAE).
Cho will serve as President-elect alongside current President Ulrika Francke next year and will assume office as ISO President in 2024. His term will last for two years, from 2024 to 2025.
Cho previously served as CEO of Hyundai Autron and Deputy Head of Hyundai Motor Company's R&D Headquarters, and has been CEO of Hyundai Mobis since December 2020. Recognized for his deep understanding of international standardization and proven leadership through outstanding management performance, he won the ISO presidency after a fierce competition with a Chinese candidate.
ISO is the world's largest standard organization with about 24,000 international standards under its purview. The President holds significant influence over decision-making as the chair of the General Assembly and the Board. Established in 1947, ISO develops international standards in general industrial fields such as automotive, shipbuilding, and nuclear power, with 167 member countries.
Korea joined ISO in 1963 and, based on over 20 years of Board activities (7 times) and international standardization achievements (ranked 8th by country activity), has entered the ISO presidency for the first time.
The Ministry of Trade, Industry and Energy explained, "With Korea assuming the ISO presidency, not only will the country's international status be elevated, but it will also enhance Korea's contribution to international standardization through expanded activities of Korean companies in global standardization."
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Along with Cho’s election as ISO President, Korea was re-elected as a member country of the Technical Management Board, which oversees ISO technical committees. The Technical Management Board is considered an important policy committee as it establishes ISO technical committees and appoints chairs and secretaries. Moon Young-jun, Center Director of the Korea Transport Institute, will serve as a member of the Technical Management Board for three years from next year through 2025. Domestically, Lee Sang-hoon, President of the National Institute of Technology and Standards, served as an ISO Board member from 2020 to 2022.
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