Hyundai India has revealed that their current Managing Director, Mr. B.S. Seo (image above), will be replaced by Mr. Y.K. Koo. Mr Seo has been with Hyundai India for over five years. He now heads back to Hyundai headquarters in South Korea.
The other top level change announced by Hyundai India will see Mr. B.S. Jeong assuming the charge of Executive Director Sales & Marketing. He will replace Mr. Y. J. Ahn, who will henceforth lead the Corporate Affairs team of HMIL replacing Mr. Y.K. Lee, who is set to return to Korea. All these changes will be in effect from 8th November 2015.(From Right to Left) Mr. Arvind Saxena, Director, Marketing and Sales (HMIL), Mr. S.S Yang, President and CEO, Hyundai Motor Company, S. Korea, Mr. H.W. Park, MD and CEO, HMIL and Mr. Y.K Koo, Sr. Director, HMIL at the launch of Hyundai’s 2011 Fluidic Verna in New Delhi. File Photo – 11/05/2011
With over 30 years of experience, Mr. B.S. Seo has brought Hyundai India at a commendable position in the Indian auto industry. A graduate in Mechanical Engineering from the Hanyang University, Korea, before becoming the MD of Hyundai India, Mr Seo was Executive Director in HMIL
Under the leadership of Mr Seo, Hyundai India has grown considerably. The brand has been registering growth in sales, month after month. Last month saw Hyundai India registering their best monthly sales in history. Including exports, Hyundai India sold a total of 61,972 units as against 56,019 units sold in October 2014, thereby registering 10.3% increase.
Hyundai India’s new generation of cars, like the Grand i10, Xcent, Elite i20, i20 Active and the Creta have all been very successful in the country. It is because of these cars that the company has seen impressive sales growth over the past few years. In the future too, Hyundai aims to continue launching newer cars in India, so as to achieve their long term aim of becoming India’s No 1 car maker.