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Hyun Jae-Hyun (born February 12, 1949) is chairman of Tongyang Group, a South Korean conglomerate founded in 1957 as a cement manufacturer.
Hyun Jae-Hyun | |
|---|---|
 | |
| Born | February 12, 1949 |
| Citizenship | South Korea |
| Korean name | |
| Hangul | 현재현 |
| Hanja | |
| Revised Romanization | Hyeon Jaehyeon |
| McCune–Reischauer | Hyŏn Chaehyŏn |
Career edit
Starting in the mid-1980s, Hyun began diversifying the Tongyang Group's business structure, and by 1989, he re-introduced Tongyang into the business community as a finance-based service provider. Today, in addition to being the second largest cement manufacturer in Korea, Tongyang offers a comprehensive range of financial services that include securities brokerage, investment banking, asset management and life insurance. He was arrested on January 14, 2014 on suspicions of fraudulent sales of corporate bonds and commercial papers.[2]
In 2014 he was jailed for 12 years for fraud.[3]
Personal life and other activities edit
In 1993, Hyun became the president of the Korean Baduk Association, a South Korean non-profit which aims to promote the game Go (known as baduk in Korean).[1] He lives in Seoul with his wife and four children.
References edit
- ^ a b "한국기원 새 이사장에 玄在賢씨" [Korea Baduk Association's new president is Hyun Jae-hyun]. Yonhap News Agency. 1993-02-04. Retrieved 2013-10-25.
- ^ "Prosecutors Arrest Tongyang Group Chairman". Korean Broadcasting System. 2014-01-14. Retrieved 2014-01-14.
- ^ "Tong Yang chairman jailed for 12 years - Taipei Times". 18 October 2014.
External links edit
- Tongyang Group English website
- Hyun Jae-Hyun, Daum Communications
- "CEOs vow to eradicate corruption", The Korea Herald, 19 November 2005
- "The agile ‘small boat’ of finance"[usurped], Korea JoongAng Daily, 13 April 2009
- "Korea-U.S. council names new president"[usurped], Korea JoongAng Daily, 1 December 2009