Hyundai Group Chairman Hyun Jeong-Eun ranked on FORTUNE's ‘The Most Powerful Women of Asia-Pacific’
Hyundai Group Chairman Hyun Jeong-Eun has been named one of the FORTUNE's top 25 of the most powerful women in Asia-Pacific. Hyun ranked 14th on the list, which is the highest among Korean leaders, in recognition of her contributions to reconciliation and cooperation between South-North Korea through the South-North Korean economy collaboration project. Chairman Hyun has been widely praised for Hyundai Group’s recent success and for her implementation of a proactive plan that rescued the group from a temporary period of inadequate liquidity.
The achievements of Chairman Hyun are recognized globally. Hyun was named one of the Financial Times’ top 50 women in world business in 2011, the only Korean who made it to the list, and was ranked on 18th among Tradewinds’, the global maritime newspaper, 'Power 100 - The Most Influential People in Shipping Today in 2010.’Hyun also put her name on the U.S. magazine Forbes’s World’s Most Influential Women list in 2008 and 2009, as well as the U.S. newspaper Wall Street Journal’s Women to Watch in 2007.
The Most Powerful Women in Business list is compiled by FORTUNE editors, who consider four criteria: the size and importance of the woman's business in the global economy, the health and direction of the business, the arc of the woman's career, and social and cultural influence. Especially this year, FORTUNE separately conducted selection work according to the regions: American region, Asia-Pacific region, and Europe - Middle East – Africa.
This year, Gail Kelly, Managing Director and CEO of Westpac Group in Australia, took the No. 1 spot of Asian Pacific region, and she was followed by Chanda Kochhar, Managing Director and CEO of ICICI Bank in India. Chairman Hyun Jung-Eun in 14th place and Kwon Seon-Joo,
CEO of Industrial Bank of Korea in 15th place were only Korean on the list.