Youngone Corporation has been honoured as the first Korean company to receive an award at the 2025 Women Corporate Directors Visionary Awards, said a press release.
Youngone Corporation chairman Kihak Sung received the award at the award giving ceremony held on October 6 at The Drake Hotel in Chicago, USA.
Youngone was recognised in 鈥榚merging leadership鈥� category for its remarkable commitment to promoting diversity and inclusion across its global operations.
At its Korean headquarters, women account for about 70 per cent of total employees and approximately 60 per cent of managers (department head level and above).
Moreover, the average tenure of female employees is about 1.5 years longer than that of male employees, reflecting Youngone鈥檚 inclusive and stable work environment that supports long-term career development.
In its overseas production bases, including Bangladesh, Youngone has also significantly expanded female employment since its entry in the 1980s, contributing to local women鈥檚 economic independence and social advancement.
Youngone鈥檚 factories, located in Dhaka and Chattogram鈥檚 export processing zones, produce jackets, trousers, sports shoes and leather goods for international markets.
The company employs about 70,000 people across Bangladesh, according to media reports.
Chairman Kihak Sung said, 鈥楨qual opportunities for women have made our company stronger and helped us outperform others.鈥�
In his acceptance remarks, he stated, 鈥業 am truly honoured to accept this award on behalf of Youngone at such a prestigious event. I extend my deepest gratitude to all the dedicated women in our company who have contributed to our continuous growth and success.鈥�
He said, 鈥楶roviding equal opportunities for women has ultimately made our company stronger and helped us outperform others. Together, let us continue to build a better world 鈥� one where women and men alike are equally respected, valued, and empowered.鈥�
Michelle Wardian, president of Youngone Americas added, 鈥榊oungone continues to identify and promote diverse female leaders through merit-based recruitment and fair evaluation. We will further strengthen our inclusive culture to ensure these efforts contribute to our long-term competitiveness.鈥�
Celebrating its 25th anniversary this year, WCD is a global nonprofit organization comprising around 3,700 women corporate directors across the world. Through the Visionary Awards, WCD honours companies and leaders who demonstrate outstanding achievements in governance, financial performance, and diversity.
