Ki-Wan's appointment would be effective from August 1, 2015, LG said in a statement.
Presently, Ki-Wan is Executive Vice President of LG's Home Entertainment Overseas Sales and Marketing Group.
Meanwhile, Kwon will be relocating to LG's headquarter in Seoul after a five years stint here.
"Kwon will relocate to LG's Korea HQ to play a key role in its stated goal of strengthening the B2B Business, including commercial displays, globally," the statement said.
Commenting on his tenure in India, Kwon said: "In my endeavor to leverage the synergies of the Indian business, LG India has today grown to be among the top 5 markets globally for LG Electronics and maintains its leadership position in consumer durables."
Ki-Wan is with LG for over 30 years. In his past assignments, he was CEO of MEA Regional company and Global Marketing Officer at LG Electronics.
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