Officially in charge

Hyosung Group Chairman Cho Hyun-joon speaks during his inauguration ceremony at the group headquarters in Seoul, Monday. The 49-year-old chairman inherits the textile-oriented conglomerate, whose sales reached $10 billion in 2015, from his ailing father and former Chairman Cho Suk-rai. In his speech, Cho said he will place top priority on honing the group’s core competence and creating a more employee-friendly workplace. / Courtesy of Hyosung Group