KOREA WHO

Chung Mong-gyu is the Chairman and CEO of HDC.

As the CEO of HDC, the holding company of the HDC Group, he leads the HDC Group. HDC operates under a co-CEO system with Chung Mong-gyu and CEO Kim Hoe-un.

He is devoted to realizing a vision for transforming the group into a comprehensive financial and real estate group based on real estate development.

He is also focused on restoring trust in the housing business through the reconstruction of the Gwangju Hwajeong I-Park Apartment (Gwangju Centennial I-Park).

He was born on January 14, 1962, in Seoul.

He graduated from Yongsan High School in Seoul and earned a degree in Business Administration from Korea University. He then obtained a Master’s degree in Political Science from the University of Oxford in the United Kingdom.

He joined Hyundai Motor Company as an assistant manager and was rapidly promoted to become Chairman of Hyundai Motor.

However, after control of Hyundai Motor shifted to his cousin Chung Mong-koo, Chairman of Hyundai Motor Group, he moved to HDC Hyundai Development Company with his father, Chairman Chung Se-young, and was appointed Chairman.

In 1999, he spun off HDC Hyundai Development Company from Hyundai Group and established the HDC Group, growing it into a corporate group with over KRW 10 trillion (US\$ 7.2 billion) in assets in just 20 years.

He has actively pursued mergers and acquisitions, expanding the group's business scope to include petrochemicals, information technology (IT), retail, and musical instrument manufacturing.

He is known for being quietly strong, prioritizing practical outcomes over appearances.

He has been re-elected four times as President of the Korea Football Association. He is nicknamed the “chameleon.”

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