Chung Kisun Elevated to Chairman of HD Hyundai
Appointments

Chung Kisun Elevated to Chairman of HD Hyundai

HD Hyundai has promoted Executive Vice Chairman Chung Kisun to Chairman as part of its latest executive appointments. 

Chairman Chung, who holds a degree in Economics from Yonsei University and an MBA from Stanford University, began his career in 2009 with HD Hyundai Heavy Industries’ Finance Team. Over the years, he has held key roles including Head of Management Support at HD Hyundai, Head of Ship Sales at HD Hyundai Heavy Industries, and CEO of HD Hyundai Marine Solution. 

He currently serves as CEO of HD Hyundai, the group’s holding company, and HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for the shipbuilding division. In his new role, he will also serve as Co-CEO of HD Hyundai XiteSolution to drive recovery in the construction equipment business and identify new growth opportunities. 

Chung founded HD Hyundai Marine Solution in 2016, developing it into a core group business with a market capitalisation of KRW 11 trillion. In 2021, he led the acquisition of Doosan Infracore, further strengthening the group’s construction equipment portfolio. His leadership has focused on fostering innovation through AI, digital transformation, and eco-friendly technologies while bolstering collaboration with the U.S. shipbuilding sector. 

An HD Hyundai spokesperson stated, “This appointment reflects our determination to pioneer a new era under strong leadership amid an increasingly competitive global business environment. By maintaining our leadership in shipbuilding, HD Hyundai will contribute to Korea–U.S. cooperation and national economic growth.” 

HD Hyundai has promoted Executive Vice Chairman Chung Kisun to Chairman as part of its latest executive appointments. Chairman Chung, who holds a degree in Economics from Yonsei University and an MBA from Stanford University, began his career in 2009 with HD Hyundai Heavy Industries’ Finance Team. Over the years, he has held key roles including Head of Management Support at HD Hyundai, Head of Ship Sales at HD Hyundai Heavy Industries, and CEO of HD Hyundai Marine Solution. He currently serves as CEO of HD Hyundai, the group’s holding company, and HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for the shipbuilding division. In his new role, he will also serve as Co-CEO of HD Hyundai XiteSolution to drive recovery in the construction equipment business and identify new growth opportunities. Chung founded HD Hyundai Marine Solution in 2016, developing it into a core group business with a market capitalisation of KRW 11 trillion. In 2021, he led the acquisition of Doosan Infracore, further strengthening the group’s construction equipment portfolio. His leadership has focused on fostering innovation through AI, digital transformation, and eco-friendly technologies while bolstering collaboration with the U.S. shipbuilding sector. An HD Hyundai spokesperson stated, “This appointment reflects our determination to pioneer a new era under strong leadership amid an increasingly competitive global business environment. By maintaining our leadership in shipbuilding, HD Hyundai will contribute to Korea–U.S. cooperation and national economic growth.” 

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement