Euisun Chung named chairman of Hyundai Motor Group

Euisun Chung, chairman of Hyundai Motor Group.
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Updated 18 October 2020

Euisun Chung named chairman of Hyundai Motor Group

Hyundai Motor Group has announced the appointment of Euisun Chung, executive vice chairman, to the position of chairman of the group. Chairman Mong-Koo Chung was inaugurated to the position of honorary chairman.

Hyundai Motor Company, Kia Motors Corporation and Hyundai Mobis Co. each held board meetings to discuss the inauguration. All members of the boards unanimously endorsed the inauguration of Euisun Chung as the new chairman of the group.

The group will open a new chapter in its history under Euisun’s leadership. Embracing the vision “Together for a Better Future,” the group will develop and acquire key technologies and capabilities to overcome market uncertainties, including COVID-19.

In his inaugural remarks, Euisun presented the future direction of the group as one focused on customers, humanity, future, and social contribution.

“All of our goals and efforts must be customer-centric. The first step to customer happiness is to enable them to focus on their own lives through perfect quality of our products and services,” said the newly inaugurated chairman.

Over the years, Euisun has stressed the customer-centric approach and customer satisfaction, and applied the concept more broadly to all of humanity.

“For the free movement and prosperity of humanity, we will develop the world’s most innovative and reliable autonomous driving technology, offering entirely new mobility experiences,” said the chairman. Euisun is spearheading the group’s transformation from an automaker into a future mobility solution provider.

The group will offer mobility solutions tailored to customer lifestyles and continue to grow its market leadership in various fields, including autonomous driving, electrification, hydrogen fuel cell, robotics and urban air mobility (UAM).

The group recently formed a venture Motional Inc. with Aptiv to develop and deploy full autonomous driving technology. It is collaborating with partners around the globe to provide mobility services that meet the varying needs of different regions.

Furthermore, Euisun foresaw the powerful possibilities of hydrogen energy and championed the growth of the hydrogen ecosystem, with broad implementation of fuel cell technology beyond automobiles.

Mong-Koo Chung, new honorary chairman of the group, recently expressed his wish to move on and asked Euisun to lead the group’s future growth and innovation beyond the current challenges. He is widely acknowledged for his contribution to the advancement of the global auto industry, and was inducted into the Automotive Hall of Fame in 2020.

He brought Kia Motors into the group during the Asian financial crisis in the 1990s and turned the company into a successful global automaker. He also grew Hyundai and Kia into global automotive companies and advanced Korea as a leading nation in the automotive industry.


Elaa to redefine corporate & government travel in KSA

Updated 20 October 2020

Elaa to redefine corporate & government travel in KSA

Seera Group, a travel services company, has announced the launch of Elaa 3.0, a digital travel management solution (TMS) that has been designed to optimize corporate and government travel bookings across Saudi Arabia.

A new dedicated portal has been launched for Elaa, Seera’s travel management company, which enables employees of partner organizations to make all their bookings and travel planning seamlessly without having to go through a tedious and costly manual process. This means reduced cost through higher levels of transparency, predefined policy setting and travel management efficiency.

“Elaa made the most of the downtime caused by travel restrictions during the pandemic by digitizing and simplifying the processes and enabling continuous improvement and innovation for its partner companies across private and public sectors,” a statement said.

The new improved platform can digitally connect everything for customers whilst supporting them in the new normal, as travel management policies, structures and strategies have changed following the COVID-19 pandemic.

Government ministries, departments and corporations with large-scale travel management requirements, can now manage all their requirements through Elaa’s new portal, which is designed as a flexible and scalable booking platform that is easy to navigate and is both time- and cost-efficient.

Abdulrahman Mutrib, executive vice president and group chief technology officer of Seera Group, said: “The new reality has brought a significant change in the travel requirements of corporate and government entities. Travel policies are constantly being updated or reviewed, and only a travel management system that can factor in these changes in real-time can add true value to organizations. Over the past years, we have been investing significantly in digitizing our processes, and we are now ready to offer the next-generation TMS system for our customers.

“The digitization of the processes, end-to-end, will mean less complexities in bookings, easy modifications and changes, as needed, and higher levels of operational efficiency. The automation of travel management, through Elaa 3.0, will lead to not only saving time but also cost advantages for the organization.”

Among the benefits for customers include search, select and booking of employee trips as a self-service, as well as a streamlined and swift digital approval process seamlessly regulated with pre-configured internal travel policies.

“With real-time tracking of booking requests, Elaa 3.0 serves as a revolutionary product in the travel market sector in the Kingdom,” a statement said.

Elaa’s highly secure and automated platform aims to redefine corporate and government travel for the new era. Elaa, meaning “trusted adviser” in Arabic, has activated a suite of internal training programs to familiarize customers on the new models that will be implemented.