(Seoul, Korea) Hyundai Motor Co. today announced Hyundai Presidents Suh Byung-Ki (60, Quality Assurance) and Lee Jung-Dae, (52, CFO) have been promoted to vice chairmen of their respective divisions.

At the same time, Kim Yong-Hwan, (51), Kim Seung-Nyun, (51, Hyundai-Kia Procurement), Paeng Jung-Kook, (53, Hyundai-Kia Corp. IT Division) have been promoted to presidents of their respective divisions, while Kim Yong-Hwan¡¯s new responsibilities at Hyundai will be defined in the near future.

A total of 264 executives and managers were named in the annual reshuffle of the Hyundai-Kia Automotive Group.