Ajoo Industry Appoints Moon Seungman as New CEO

33 Years of Service Since Joining Ajoo Industry in 1991... Expectations for Strengthening Organizational Culture and Substance

Ajoo Industrial announced on the 9th that it has appointed Moon Seung-man, former CEO of V-Sem, as its new CEO.

New CEO Moon Seung-man joined Ajoo Industrial in 1991 and has accumulated field-centered management expertise over 33 years through key positions such as site business manager, head of sales headquarters, and head of management planning headquarters. In particular, since 2022, he has served as the CEO of V-Sem, a joint venture between Ajoo Industrial and a Singaporean company, leading organizational stabilization and performance creation through management innovation.

Moon Seung-man, the new CEO of Aju Industry. Provided by Aju Industry

CEO Moon played a key role in turning the deficit company into a profitable one at V-Sem by developing high value-added products and introducing efficient management processes. He stated, "In a rapidly changing environment, horizontal communication and quick execution are the core of corporate competitiveness," adding, "Through horizontal communication and cooperation, all employees will grow together and strengthen Ajoo Industrial's competitiveness in domestic and international markets."

An Ajoo Industrial official explained, "This decision was made to accelerate innovation and leap forward amid changing management environments and to further solidify competitiveness in domestic and international markets through strengthening organizational culture and internal capabilities."

Through this leadership change, Ajoo Industrial is preparing for a new leap forward as an industry-leading company by simultaneously realizing management innovation and strengthening organizational culture.

Meanwhile, Jang Su-min, former head of the management support team at V-Sem, was promoted to a new executive and appointed as the new CEO of V-Sem. CEO Jang has contributed to strengthening the company's financial stability through efficient resource management and cost reduction by overseeing personnel, purchasing, and general affairs in V-Sem's management support team.

Founded in 1960, Ajoo Industrial is a construction materials specialist leading the basic materials sector such as ready-mixed concrete, PHC piles, and aggregates. Operating 14 domestic business sites and 3 overseas business sites, the company continues to grow based on active innovation activities, including being the first in Korea to introduce GPS services for ready-mixed concrete vehicles. Additionally, it is expanding its business areas through import and distribution businesses such as steel, wood pellets, and tires for trucks and construction machinery, pursuing sustainable growth through a stable profit structure and new business development.

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