(From left) Kim Dong-kwan, Executive Vice Chairman of Hanwha Group; Kim Dong-won, Vice Chairman of Hanwha Life Insurance; and Kim Dong-sun, President of Hanwha Vision. [Hanwha Group] 사진 확대 (From left) Kim Dong-kwan, Executive Vice Chairman of Hanwha Group; Kim Dong-won, Vice Chairman of Hanwha Life Insurance; and Kim Dong-sun, President of Hanwha Vision. [Hanwha Group]

The three brothers from Hanwha Group’s owner family were promoted together. The move appears aimed at strengthening the next generation’s standing within the company and the group, while securing future growth engines.

On the 30th, Hanwha Group announced promotions for key executives and the nomination of new CEOs at some affiliates. Under the reshuffle, Vice Chairman Kim Dong-kwan will be promoted to Executive Vice Chairman, Hanwha Life Insurance President Kim Dong-won will become Vice Chairman, and Hanwha Vision Vice President Kim Dong-sun will be promoted to President.

Executive Vice Chairman Kim Dong-kwan has led the defense, shipbuilding, aerospace, and energy businesses, driving rapid growth in global markets and successfully completing major strategic projects. Vice Chairman Kim Dong-won spearheaded digital innovation and global expansion in the financial sector, while President Kim Dong-sun delivered results not only in distribution, leisure, and food and beverage, but also in advanced industries such as the semiconductor equipment market.

The group also unveiled new leaders for five affiliates. Lee Boo-hwan, the nominee for CEO of Hanwha Aerospace’s business division, is an expert in ground weapons systems R&D and overseas business, having served as head of Hanwha Aerospace’s European unit and as head of the PGM business division.

Yang Ki-won, the nominee for CEO of Hanwha Systems, previously led Hanwha’s global division and Hanwha Impact’s business division. Kang Jung-hoon, the nominee for CEO of Hanwha Impact’s business division, is expected to draw on his on-site experience as head of Hanwha TotalEnergies Petrochemical’s Daesan plant to drive cost innovation and improve profitability.

Lim Dong-joon, the nominee for CEO of Hanwha Asset Management, previously headed the company’s Americas unit and strategic business unit. He is expected to lead global growth by strengthening securities investment capabilities and expanding alternative investments. Kim Ki-cheol, the nominee for CEO of Hanwha Semitek, previously led Hanwha Vision and successfully spearheaded a business restructuring centered on overseas markets. He is expected to push for expansion in the semiconductor equipment business and secure an early lead in the market.

This article has been translated by GripLabs Mingo AI.