Booyoung Group has announced the appointment of Lee Yong-seob as its new chairman as of the 2nd. Lee brings considerable experience to the role, having held key positions in the South Korean government, including Minister of Land, Infrastructure and Transport and the Minister of Administrative and Security Affairs. Additionally, he served as the chairman of the Presidential Job Committee and was a notable member of the National Assembly, where he has gained recognition for his effective administration and policy implementation in various capacities, most notably as the mayor of Gwangju Metropolitan City.

In his acceptance statement, Lee emphasized his commitment to ensuring that Booyoung Group not only addresses the pressing national need for housing stability but also evolves into a globally respected corporation. He reiterated the group's dedication to fortifying its management practices while innovating to meet changing market conditions. Lee's extensive background in both the public and private sectors equips him with the insight necessary for driving the group’s future direction toward resilience and growth.

Booyoung Group has described Lee as an innovator with a wealth of experience in real estate, construction policy, and overall economic governance. The board is optimistic that his leadership will strengthen the company’s foundation and propel it to navigate the shifts in the business environment effectively, ensuring sustainable growth for the company in the long term.