Press release from Business Wire India
Source: LG
Thursday, December 09, 2010 04:20 PM IST (10:50 AM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Business services, Electronic appliances & components, Information technology; Technology
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Soon H Kwon Appointed New MD of LG India
New Delhi, Delhi, India, Thursday, December 09, 2010 -- (Business Wire India) -- -- To take charge from Moon B. Shin
-- Moon B .Shin to take over as Global Head, Sales & Marketing, Home Appliances, in Seoul, South Korea
-- India now a separate South West Asia region for LG Electronics
LG Electronics, the consumer durable giant, today announced a major change in its top-most management profile in India. Mr. Soon H Kwon will replace Mr. Moon B Shin as the new Managing Director of LG Electronics India. Mr. Shin is taking over as the Global Head - Sales & Marketing, Home Appliances at Seoul, South Korea-- LG Electronics headquarters.
Prior to this, Mr. Soon H Kwon was the Global Head, LG Electronics Business Solutions. One of the top contributors to LG's international business for over 25 years, Mr. Kwon has been responsible for the company's growing revenue and building LG Business Solutions Company as a leading B2B supplier.
Mr. Kwon served as the Managing Director at LGE Australia in 2009, a significant driver to its market leadership, sales and brand growth in the continent. His earlier stints within LG Electronics include as the Corporate Marketing Vice-President in Korea (he was in charge of overseas marketing), and senior positions in the US and Canada markets.
Mr. Kwon said, "I am very excited about my new role. I look forward to not only the new challenges but also the opportunity to enhance the position of LG as the premium brand in the market. Mr. Shin has been a great leader who has created incredible benchmarks for us at LG India. I look forward to adding to that legacy and taking the company to newer heights through strong Indian team and re-affirming our commitment to the organisation."
The tenure of the outgoing LG India Managing Director, Moon B Shin, has been significant in not only building brand-consumer relationship but also in sustained leadership across categories. Mr Shin spent considerable time in understanding the Indian culture and sentiments, and equipping himself with the insights, that helped LG India in meeting consumer demands. In spite of the economic downturn, LG Electronics India has achieved phenomenal success under his leadership and has become a strategic market leader. This remarkable growth has earned India the status of South West Asia region from December 1, a strategic move to enhance LG's business focus.
Mr. Shin said, "My stint as the MD of LG India operations has been one of the most enriching and educative experience of my career. The leadership position that LG has achieved in the market would never have been possible without the effort and dedication of the talented LG India team. I am confident that with Mr. Kwon taking over, LG India will achieve new heights. I wish him all the success and luck for the future."
About LG Electronics India Ltd
LG Electronics India Pvt. Ltd, a wholly owned subsidiary of LG Electronics, South Korea was established in January 1997 in India. It is one of the most formidable brands in consumer electronics, home appliances, IT hardware and mobile communications space. In India for a decade, LG has earned a premium brand positioning and is the acknowledged trendsetter for the industry.
LG has achieved a turnover of Rs 13,089 crores in 2009. LGEIL Manufacturing unit at Greater Noida is one of the most eco friendly units among all LG manufacturing plants in the world. The second Greenfield facility is located at Ranjangaon; Pune has the capacity to manufacture GSM phones, LCD TV, Washing Machines, Refrigerators and Optical disk drives. This is India's first mobile phone manufacturing unit and also Asia's largest optical disc drive manufacturing plant.
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Soon H Kwon
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CONTACT DETAILS
Karishma Dawar, IPAN Hill & Knowlton, +91 9873178498, karishma.dawar@lgindia.com
Parul Gaur, IPAN Hill & Knowlton, +91 9990940473, parul.gaur@lgindia.com
KEYWORDS
PEOPLE, CONSULTANCY SERVICES, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY
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