• CEO of DL E&C
    Seo Young-jae

    No Construction Experience from LG Electronics, Strong in Discovering New Growth Engines

    Last Updated on Jun 5, 2024

Life Summary

Seo Young-jae is the CEO of DL E&C.

He is focusing his efforts on stabilizing DL E&C, which is experiencing difficulties in securing profitability, and finding opportunities for a rebound.

In his inaugural address, he emphasized overcoming the current crisis in the construction industry through safe worksites and sound financial structures.

Given his strength in nurturing new businesses, he is also dedicated to fostering growth engines such as Carbon Capture, Utilization, and Storage (CCUS), Small Modular Reactors (SMR), and hydrogen and ammonia projects.

He was born on September 15, 1967.

He graduated from Kyungpook National University with a degree in electronic engineering. He earned a master's degree in business administration from the University of Illinois.

He began his career at LG Electronics.

At LG Electronics, he worked in the TV planning department and the CFO division of the HE Business Division.

In 2011, he was promoted to executive director as the head of the smart business division within the HE Business Division.

In 2019, after being promoted to senior vice president as the head of the Business Incubation Center in the CSO Division at LG Electronics headquarters, he served as the head of the IT Business Department in the BS Business Division.

Having long been responsible for discovering new businesses at LG Electronics, he is expected to accelerate innovation at DL E&C.

Seo Young-jae is the third consecutive CEO of DL E&C, including its predecessor Daelim Industries' construction division, to come from LG Electronics.

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