Youngone Group of Companies announced Rae Eun Sung as the company’s Vice Chairman.
Sung joined the company in 2002 as Director of the Global Compliance/CSR division, and 2007 she worked her way up to become President of the Sales and General Division of Corporate Management of Youngone Corporation.
She was appointed as President and CEO of Youngone Holdings Ltd., and in 2020 she became President of Youngone Corporation in 2016.
With this latest appointment, the company has reinforced its future generation-oriented management structure and strategy through the promotion of Sung, who highly values ESG management and sustainability.
The Board of Directors felt the timing was appropriate, given that the company will celebrate its 50th anniversary in 2024.
Besides that, Sung is driving the company’s future growth by implementing ESG management, practicing BCMS (Business Continuity Management System) for sustainable business development, while building a strong culture of teamwork, integrity and excellence among executives and employees of Youngone.
South Korean firm Youngone Corporation started its journey in Bangladesh only with 250 workers back in 1980, now it has 70000 world-class workers.
Korean Export Processing Zone (KEPZ) – the first and biggest private Export Processing Zone (EPZ) is a marvel of state-of-the-art factories incorporating natural surroundings in a sustainable manner in Bangladesh. It is growing fast with massive production activities contributing to socio-economic development.