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Vice Chairman of Hyundai Card
Chung Tae-young
Prefers flexible and horizontal communication, breaking away from the Hyundai Motor Group's fence to focus on independent survival [2024]
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Last Updated on May 24, 2024
Chung Tae-young is the Vice Chairman and CEO of Hyundai Card. He also serves as the CEO of Hyundai Commercial, a subsidiary.
He is actively enhancing data and digital competitiveness to transform Hyundai Card into a fintech company.
Amid the need to expand beyond the Hyundai Motor Group's boundaries, he focuses on discovering new revenue sources.
Born on April 11, 1960, in Seoul as the eldest son of Jung Kyung-jin, the founder of Jongro Academy.
He is the husband of Jung Myung, the daughter of Chung Mong-koo, the honorary chairman of the Hyundai Motor Group and the CEO of Hyundai Commercial.
After graduating from Korea University's High School and majoring in Korean literature at Seoul National University, he obtained a master's degree in management from the Massachusetts Institute of Technology (MIT).
He worked as the head of planning at Hyundai Corporation, then held positions as the head of Hyundai Engineering's North American and Mexican branches, followed by being the head of planning and finance at Hyundai Mobis and the head of purchasing at Kia Motors.
After moving to Vice Chairman of Hyundai Card, he was appointed as the CEO of Hyundai Card and Hyundai Capital. He also took on the role of CEO of Hyundai Commercial.
Since stepping down as the CEO of Hyundai Capital in 2021, he now solely leads Hyundai Card and Hyundai Commercial.
He introduced innovative methods at Hyundai Card and actively engaged in cultural marketing initiatives like Super Concerts.
He emphasizes effective communication and a flat corporate culture.
He frequently expresses his thoughts through social media.