Daewoo Construction Organizational Restructuring and Executive Appointments... "Strengthening Order Competitiveness by Business Type"

Daewoo E&C announced an organizational restructuring and executive appointments on the 10th. The decision focuses on establishing a stable foundation for continuous growth and business development, as well as strengthening competitiveness in project bidding by business type.

First, to unify public sector and external affairs, a Public Support Division was newly established. The Overseas Business Division, which was originally under the Power Planning Headquarters, was promoted to report directly to the CEO, and its head was elevated from executive director level to senior executive director level. A Daewoo E&C official explained, "This move is to reinforce overseas business to regain the former reputation of 'Daewoo E&C in the world,'" adding, "We aim to accelerate our leap to a 'Global Developer' and localization policies."

In line with the 'field-centered management' principle, the management support organization was downsized, and similar and overlapping functions between departments were improved to enhance efficiency. In particular, the Management Support Headquarters was reduced to a 'department' level organization, and similar and overlapping functions centered on planning tasks were integrated.

Additionally, regarding the urban renewal business organization, which is one pillar of the housing construction business, only one of the existing three teams remains at headquarters to perform the control tower function, while the other teams were fully deployed regionally.

To provide meticulous field support, the Field Management Officer (PFM) organization was reorganized under the business headquarters, and the safety organization was changed to enable practical disaster prevention and continuous on-site support through the forward deployment of regional safety teams.

In executive appointments, young talents with strong internal and external communication skills, drive, and professional expertise were widely selected.

Daewoo E&C stated that it will continue to establish a performance-based responsible management system and operate personnel affairs focused on practical work.

A Daewoo E&C official said, "This organizational restructuring is focused on responding swiftly to uncertain internal and external environments and on growth and business development to lay the foundation for a 100-year enduring company," adding, "We will strive further to solidify the values Daewoo E&C pursues, such as 'Global Daewoo' and 'field-centered management.'"

The following are the key personnel appointments.

◆ Position Appointments

△ Executive Director, Head of Strategic Planning Headquarters: Son Won-gyun

△ Executive Director, Head of Plant Business Headquarters: Jo Seung-il

△ Executive Director, Head of Housing Construction Business Headquarters: Kwak Byung-young

△ Executive Director, Head of Civil Engineering Business Headquarters: Kim Yong-hae

△ Executive Director, Head of Financial Management Headquarters: Lee Yong-hee

△ Executive Director, Head of Safety and Quality Headquarters: Kim Young-il (newly appointed)

△ Managing Director, Head of Procurement Headquarters: Ahn Byung-kwan (newly appointed)

◆ Promotions

△ Senior Executive Director: Han Seung, Kim Seung-il

△ Managing Director A: Ko Jung-in, Lee Kang-seok, Shin Dong-hyuk, Lee Seung-min, Hwang Won-sang

△ Managing Director B: Yoo Young-min, Lim Young-taek, Lee Sang-won, Kim Moo-jin, Park Soo-han, Park Young-beom, Shim Cheol-jin, Jung Sang-ho, Shin Hyun-wook, Kim Yong, Lee Woon-dal, Park Soon-tae, Lee Won-guk, Choi Il-yong, Jo Hyung-sik, Lee Hyuk-jae, Hong Seung-beom, Park Joo-won, Jung Jung-gil, Jo Cheol-gi

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