Hyundai Motor Group announced today that Kwang-guk Lee will be promoted to President and Head of China Operations from his current position as Executive Vice President and Head of Korea Business Division at Hyundai Motor Company. Lee is expected to enhance the Group’s agility and competitiveness in the Chinese market, the biggest battleground for the global automotive industry.
In his new capacity, Lee will oversee the Group’s business in China to enhance its business competitiveness and brand value. He will also devise business strategies and establish mid- to long-term visions for this important market.
Over the years, Lee has accumulated abundant experience in Hyundai Motor’s overseas businesses, including Germany and U.K. During his tenure as Head of Korea Business Division of Hyundai Motor, he spearheaded the company’s prowess in sales and brand innovation, including the launch of new models and creative marketing and communication efforts.
Lee will begin his new post on November 1. The current head of China operations, President Byung Ho Lee, will serve as an advisor to the Group.
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SOURCE: Hyundai
