Cho Hyun-sang Hyosung managing executive

By Kim Jae-won

Hyosung Group Managing Executive Cho Hyun-sang was named one of the G20 Initiative members by the World Economic Forum, the group said Wednesday.

The G20 Initiative is a group of about 40 young global leaders from the countries representing the major economies in the world. Cho is the first Korean to be included in the group.

The G20 Initiative will hold its first meeting in Seoul on Dec. 6 and 7, and will be held every year in the host nation of G20 Summit. The young leaders will discuss the results and effects of the G20 Seoul Summit with Korean leaders at the event, and will exchange ideas for new business models.

Until now Cho has been actively engaged in international affairs. He was involved in establishing the corporate social responsibility program called, “Table for Two,” with other young global leaders recently, which provides food for starving kids in poor countries.

Cho is the third and youngest son of Hyosung Chairman Cho Suck-rae. He studied economics at Brown University.

Wikipedia founder Jimmy Wales, World Bank CFO Kevin Liu, and CNN Asia Pacific Managing Editor Ellana Lee were also included in the young leaders’ group.