Hyundai Motor Group Brings in Former bp Executive Hong Eun-hee to Lead Energy and Hydrogen Business
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Hyundai Motor Group said on the 31st that it has brought in former bp executive Hong Eun-hee as head of the HMG Energy & Hydrogen Business Division.
Hong Eun-hee previously worked at P&G Korea and the Korea Eximbank, and spent about 18 years at bp from 2007, where she handled business development and strategy in oil, LNG, hydrogen and ammonia.
Hyundai Motor Group plans to pursue global expansion of its energy and hydrogen businesses and strengthen its commercialization capabilities with this appointment.
Hyundai Motor Group said on the 31st that it has brought in former bp executive Hong Eun-hee as head of the HMG Energy & Hydrogen Business Division. The HMG Energy & Hydrogen Business Division oversees the group's future energy and hydrogen businesses.
Hong Eun-hee previously worked at P&G Korea and the Korea Eximbank before joining bp in 2007, where she spent about 18 years. She has experience in business development and strategy in oil, LNG, hydrogen and ammonia.
During her time at bp, she gained experience across the energy business, from resource exploration and production to refining, sales and trading. She was also responsible for business profitability and investment feasibility reviews, project financing, contract design and negotiation, and policy response.
She also took part in the Angola LNG project, where she handled resource development as well as business structuring and contract design linked to long-term supply and transportation. Through this and other work, Hong Eun-hee built experience in business development across the entire energy production and supply value chain.
Hong served as Chief of Staff to bp's head of technology in 2021 before moving in 2022 to a newly established hydrogen and ammonia business development organization. Since 2023, she has led the global hydrogen business development organization, where she has handled cooperation with government agencies in major countries, policy response and business model development.
With this appointment, Hyundai Motor Group plans to pursue global expansion of its energy and hydrogen businesses and strengthen its commercialization capabilities. To that end, it plans to upgrade its commercialization framework by linking strategy development, business development, investment review and partnership building, while also pursuing new energy business opportunities.
Hyundai Motor Group has a hydrogen value chain that includes hydrogen fuel cell vehicles, clean hydrogen production and charging infrastructure, and it has set a policy to expand its hydrogen business based on that value chain. It also plans to strengthen cooperation with overseas partners by leveraging Hong's global business experience and network.
Hong said Hyundai Motor Group has accumulated results across the entire hydrogen value chain, including hydrogen fuel cell vehicles, clean hydrogen production and charging infrastructure, and has experience in global energy and hydrogen businesses. Based on that, she said she hopes to identify new business opportunities in future energy and contribute to enhancing the group's global competitiveness.
Source: TECHWORLD · Kim Seung-gi
Original: https://www.epnc.co.kr/news/articleView.html?idxno=406281
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Source: TECHWORLD
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