BGF Group Announces Regular Personnel Changes and Organizational Restructuring... Establishes BI Team Directly Under CEO

Executive Director Hwang Hwan-jo Appointed as Head of Sales and Development at BGF Retail

BGF Group announced on the 7th that it has carried out the '2024 Regular Personnel Changes and Organizational Restructuring' following the executive personnel appointments. This regular personnel change and organizational restructuring focused on driving new changes and innovations within the organization alongside a generational shift in management, solidifying the foundation for future growth and strengthening business competitiveness amid an uncertain distribution environment.

Hwang Hwan-jo, Executive Vice President of Sales and Development Division at BGF Retail [Photo by BGF Retail].

BGF Group stated, "We have balanced the placement of talented individuals with potential who can foster a new organizational culture through young and transformed leadership and lead the growth of expertise and the organization." They added, "We aimed to activate rotational assignments among affiliates to share experiences and expand synergy within the group."

A BI (Business Innovation) team directly under the CEO of BGF Retail was newly established to create an organizational operation system for innovation, such as improving on-site work efficiency by utilizing digital and IT technologies. To expand overseas advancement and enhance local responsiveness, a TFT system by country of entry will also be operated on a regular basis.

In this personnel change, BGF Group promoted Executive Director Hwang Hwan-jo to Managing Director and appointed him as head of the Sales and Development Division of BGF Retail. In total, three executives were promoted, and ten new heads of headquarters, directors, regional heads, and affiliate representatives were appointed (or nominated).

A BGF Group official stated, "Along with the generational shift in management, we actively pursued new changes and innovations within the organization to promote sustainable growth and development in the rapidly changing business environment."

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