'40-Year Hyundai Man' Jeong Jin-haeng Returns to Construction Industry as Daewoo E&C Vice Chairman

Former Hyundai Construction Vice Chairman Jeong Jin-haeng is returning to the construction industry this month as Vice Chairman of Daewoo Construction. According to Daewoo Construction on the 1st, Jeong will begin his duties as Vice Chairman at Daewoo Construction starting from the 2nd of this month. He is expected to assist Chairman Jeong Won-ju of Daewoo Construction by serving as an advisor for the overseas business division.

Jeong was involved in the acquisition process when Hyundai Motor Group acquired Hyundai Construction in 2011. While serving as Vice Chairman of Hyundai Construction, he played a key role in Hyundai Motor Group’s acquisition of the Global Business Center (GBC) site in Samseong-dong, Gangnam-gu, Seoul. He was regarded as a close aide to Honorary Chairman Jeong Mong-gu. Jeong ended his 40-year career as a "Hyundai man" after finishing his term as Vice Chairman at the end of 2020.

A Daewoo Construction official said, "With his extensive overseas experience, we expect him to contribute to the company’s overseas order activities and more."

Born in 1955, Jeong graduated from Gyeonggi High School and Sogang University with a degree in Trade. He joined Hyundai Construction in 1979. He then held key positions such as Head of Hyundai Motor’s Latin America Regional Headquarters, Head of Kia Motors’ Asia-Pacific Regional Headquarters and Europe General Headquarters, and President in charge of Strategic Planning at Hyundai Motor. In 2019, he was appointed Vice Chairman of Hyundai Construction.

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