Kim Han-mo, the chairman of HM Group, has been elected as the 7th chairman of the Korea Developer Association, succeeding Kim Seung-bae, who completed his six-year term. The announcement came during the association's 18th regular general meeting held at the association's headquarters in Teheran-ro, Gangnam, Seoul. The Korea Developer Association plays a crucial role as a legal entity representing domestic real estate developers, engaging in policy proposals, training professionals, and conducting academic exchanges.