According to Hyundai Motor Group, the executive appointments are in response to the rapid changes in the business environment and aim to lead future mobility ecosystem development. The Group also promoted new executives and leaders with performance and expertise in areas such as urban air mobility (UAM), autonomous driving, fuel cell and robotics to lead the future mobility industry paradigm shift.

Among the seven appointments, Jaehoon Chang, Executive Vice President of Hyundai Motor Company, is promoted to President and CEO of Hyundai Motor Company; and Jaiwon Shin, Executive Vice President of UAM Division, is promoted to President. The carmaker said that Shin, an aviation expert from the National Aeronautics and Space Administration (NASA), is expected to play a pivotal role in Hyundai Motor Group’s UAM development, acceleration of the business and the realisation of the Group’s future mobility vision.