Hyundai Motor Group appoints heir apparent as chief vice chairman

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Reuters SEOUL
Last Updated : Sep 14 2018 | 9:15 AM IST

SEOUL (Reuters) - South Korea's Hyundai Motor Group said on Friday that it has appointed Chung Eui-sun, vice chairman of Hyundai Motor Co, to chief vice chairman of the group.

Chung will assist his father and group chairman Chung Mong-koo, who promoted Chung to better respond to "deteriorating global trade issues" and changes in competitive dynamics in major markets, Hyundai Motor Group said in a statement.

(Reporting by Hyunjoo Jin; Editing by Darren Schuettler)

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First Published: Sep 14 2018 | 9:05 AM IST

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