Daewoo Engineering & Construction announced on the 18th that it held the inauguration and transfer ceremony for former CEO Baek Jeong-wan and new CEO Kim Bo-hyun on the 17th at the headquarters' Prugio Art Hall. About 250 employees, including Daewoo Engineering & Construction Chairman Jeong Won-joo and Vice Chairman Jeong Jin-hang, also attended the event.

On Nov. 17, at the Prugio Art Hall, President Kim Bo-hyun shakes hands at the appointment ceremony of the CEO. / Courtesy of Daewoo Engineering & Construction

Kim Bo-hyun said, "To overcome the current crisis in the construction industry, let us create a strong Daewoo Engineering & Construction together by maximizing revenue under a sound management policy and reducing risks to respond to market uncertainties."

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