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Samsung ropes in HyunChil Hong new managing director, India

As smartphone market in India is seeing a lot of drifts Samsung is restructuring its leadership team as part of its global reorganisation plan.

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Ishleen Kaur
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As smartphone market in India is seeing a lot of drifts Samsung is restructuring its leadership team as part of its global reorganisation plan.

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Samsung Electronics Latin America president HyunChil Hong is going to take over as the new president of the Southwest Asia regional headquarters whereby he will become the new MD of Samsung India.

BD Park, managing director of Samsung India and president of South West Asia operations, is relocating to headquarters in Korea after six years of his Indian stint during which he made the Korean firm the country's largest consumer electronics and smartphone maker with more than Rs 40,000 crore revenue. Park, also the longest senior executive of Samsung to be stationed in India, is going to become a global business head, two senior industry executives aware of the development said.

At the same time, Samsung India's deputy MD Ravinder Zutshi is retiring from the company by end of this month, two senior industry executives said. Zutshi, who has been one of the first employees of Samsung India, was recently heading government relations for the firm in India. Despite repeated attempts, Zutshi could not be reached till press time. One of the executives quoted above said some more changes are likely in the Indian operation due to the global restructuring.

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This may include some change of roles for the Korean vertical heads and senior Indian counterparts, since globally the company has just integrated its media solution or content service and B2B business with respective businesses.

The changes come at a time when Samsung globally elevated Indian engineer Pranav Mistry as vice president of global operations. He was earlier the vice president of R&D and head of think tank team based in the US.

"In his new role, Hong will leverage his experience in emerging business environment and operational excellence to continue to build Samsung Electronics' success in the Southwest Asia region," the company said.

samsung bd-park pranav-mistry ravinder-zutshi hyunchil-hong
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