Inauguration Ceremony of the 16th President

Daegu Urban Development Corporation held the inauguration ceremony of its 16th President, Lee Jae-yong, at the main auditorium of its headquarters on September 18, with all executives and employees in attendance.


During his inauguration speech, the newly appointed President Lee presented business innovation, management innovation, and organizational innovation as three core priorities. He also expressed his determination to fundamentally transform the corporation and lead Daegu Urban Development Corporation toward a new leap forward.

Lee Jae-yong, President of Daegu Urban Development Corporation, is delivering his inauguration speech.

Lee Jae-yong, President of Daegu Urban Development Corporation, is delivering his inauguration speech.

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President Lee announced that, through "business innovation," the corporation would proactively identify and promote strategic projects in alignment with Daegu City policies, including promising opportunities in urban development, housing construction, industrial complexes, and urban regeneration. Through "management innovation," he pledged to strengthen the financial health of the corporation while accelerating AI and digital transformation to enhance work efficiency. Furthermore, through "organizational innovation," he stated his commitment to creating a culture of communication and collaboration, making integrity, fairness, safety, and ESG the core values of the organization.


President Lee urged all executives and employees to participate actively with passion and a sense of responsibility for the continued growth of the corporation.



After the ceremony, President Lee visited each department in the headquarters to greet employees and foster communication. He also received work reports from the visited departments, reviewing major issues and the progress of key projects, thereby officially commencing his duties as the 16th President.


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