Hyosung chairman wins top management award for global growth, future value creation Hyosung chairman Kim Ki-nam

Key Highlights :

1. The Hyosung chairman was awarded the KASBA CEO Grand Prix for his contribution to the global growth of the group.

2. He implemented and strengthened three principles of management that he learned from his father and grandfather.

3. He emphasized the achievements of his grandfather and father, saying that he learned to prioritize securing trust with customers, hard work, and technology developments as key growth strategies.

Hyosung Group Chairman Cho Hyun-joon has won the top management award for his contribution to the global growth of the group, the firm said Wednesday.

The award, which is given by the Boston Consulting Group (BCG), recognizes Hyosung Group Chairman Cho Hyun-joon's leadership in strategy and operations and his contribution to the group's growth.

"The Hyosung Group Chairman Cho Hyun-joon has been a driving force behind the group's phenomenal global growth, and has played a critical role in positioning Hyosung Group as one of the world's leading motorcycle and vehicle manufacturers," BCG said in a statement.

The award was presented to Cho at the BCG Annual Meeting in Boston on Wednesday.

Hyosung Group, which is headquartered in Seoul, has a portfolio of automotive, motorcycle, and agricultural products. The company has operations in more than 50 countries and employs more than 100,000 people.

Cho, who has been with Hyosung Group since 1986, has been credited with spearheading the group's growth in the global motorcycle market. In 2007, Hyosung Group became the first Korean company to enter the U.S. market with motorcycles.

"The Hyosung Group Chairman Cho Hyun-joon has been a driving force behind the group's phenomenal global growth, and has played a critical role in positioning Hyosung Group as one of the world's leading motorcycle and vehicle manufacturers," BCG said in a statement.

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