Rae Eun Sung Promoted to Group Vice Chairmanof Youngone Group of Companies

Desk Report: Ms. Rae Eun Sung has been promoted to Group Vice Chairman of the Youngone Group of Companies. Ms. Sung joined the company in 2002 as Director of the Global Compliance/CSR division.

In 2007 she worked her way up to become President of the Sales and General Division of Corporate Management of Youngone Corporation. In 2016 she was appointed as President and CEO of Youngone Holdings Ltd., and in 2020 she became President of Youngone Corporation.

Ms. Sung is the second daughter of Chairman and Founder, Kihak Sung. With this latest appointment, the company has reinforced its future generation-oriented management structure and strategy through the promotion of Ms. Sung, who highly values ESG management and sustainability.

The Board of Directors felt the timing was appropriate, given that the company will celebrate its 50th anniversary in 2024.

Ms. Sung is driving the company’s future growth by implementing ESG management, practicing BCMS (Business Continuity Management System) for sustainable business development, while building a strong culture of teamwork, integrity and excellence among executives and employees of Youngon

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