Commerce and Economics Hall 207-1 designated as classroom named after Ilshin Electronics CEO Yoon Sang-hyeon
Alumni of the Department of Commerce (currently Business Administration) from the class of ‘69, contributions to social development as an entrepreneur
Extraordinary love for alma mater and juniors... Donated 300 million KRW for development funds
[August 19, 2020]
A lecture hall in YU was named after Yoon Sang-hyeon (70), CEO of Ilshin Electronics This is to commemorate his large donations to the development funds of YU and his contributions to social development as an entrepreneur.
At 11:30 a.m. On the 19th, YU held a naming sign ceremony of the ‘Yoon Sang-hyeon Classroom’ at 207-1 of the Commerce and Economics Hall. A copper naming plate including a relief of Mr. Yoon’s face, history, and achievements was placed on the right-side wall at the door of the classroom. Mr. Yoon is from the YU Department of Commerce (currently Business Administration) class of ‘69.
Mr. Yoon started up Ilshin Trading in 1978 and paved the foundations for insulation products and then founded Ilshin Electronics in 1991, creating a company that manufactures, sells and forwards electric and electronic parts. In 2002, he received the ‘Proud Korean Award’ from the Journalists Federatoin of Korea’, the ‘5th Yeongsang Academy CEO Award’, ‘designated as Model Taxpaying Company by the National Tax Service in 2005, and the ‘Korea Trade Research Association CEO Award’ also in 2005. In recognition of his contributions as an entrepreneur that contributed to the economical growth of the nation, he was bestowed an honorary PhD in business administration from YU in 2011.
Mr. Yoon attended this ceremony and said, “It is an honor to see my name being placed on a classroom on the campus where I spent my younger ages dreaming.” He added, “The development of the university is essential to help students grow and develop to fulfill their roles in society, and I believe that this will lead to the development of our society and country. I hope that the students who study in this room will have big dreams and become leaders of the Republic of Korea in the future.”
Mr. Yoon is famous for his extraordinary love for his alma mater and juniors at YU. He donated over 300 million KRW in development funds to YU so far and he has also been providing generous support both physically and psychologically by utilizing the YU alumni network. In particular, he took on the role of the chairman of the YU Finance and Economics Alumni Association from 2010 to 2018 where he played a centrifugal role for YU alumni in the Seoul area. The Finance and Economics alumni homecoming that began in 2011 and the ‘Cheonma Employment Alumni Welcoming Meeting’ held every year in Seoul since 2012 that Mr. Yoon initiated have become the most famous events of the YU Finance and Economics Alumni Association. Recently, he founded the ‘Cheonma Humanities School’ helping his juniors gain insight in the humanities.
YU President Sur Gil-soo said, “The entrepreneur spirit that our senior alumni achieved and the practice of devotion and sharing to the society should be passed on to our juniors studying at the ‘Yoon Sang-hyeon Classroom.” He added, “In accordance with the founding spirit of YU to foster ‘Pillars of National Revival’, we hope that YU students will contribute to social development and become members of society that practice sharing.”
Meanwhile, YU has designated and is operating classrooms named after large donors to the university’s development fund since 2018, and the ‘Yoon Sang-hyeong Classroom’ is the sixth designated classroom.
