Sungjoo Group CEO Kim Sung-joo Donates 200 Million Won Kim Sung-joo, a Yonsei graduate and CEO of the Sungjoo Group, known for the fashion brand MCM, made a donation of 200 million won to be used for developing women’s leadership programs. “In the future, the role of women will become more important,” Ms. Kim explained the importance of this issue. “It is our responsibility to train women to become the future leaders of the global era. I ask that this donation be used to develop a global women’s leadership program.” In addition to this sumptuous financial gift, Ms. Kim also promised to provide support through her global network. Specific plans to make use of the donation were presented by Dean Oh Kyung-ja of the Office of Women Student Affairs: “In accordance with Ms. Kim’s wishes, we will develop a program not only for Yonsei students but women all over the world. With the long-term goal of creating the best global leadership program for women in Asia, we will put together a task force team of professors and experts from outside the university and explore many possibilities including internship programs with multinational corporations.” A Long History of Giving Back to the Community Ms. Kim’s long history of contributions to the Yonsei community began in 1979, the year of her graduation, when she donated scholarship funds. Donations for the College of Human Ecology in 1996 and 1997, the Women’s Center in 1997, the Alumnae Association in 1998, and the Graduate School of Human Environmental Sciences in 1998 followed, with her total donations amounting to a stunning 337 million won. Ms. Kim is the daughter of the late Mr. Kim Soo-keon, former President and founder of the Daesung Group. She established the Sungjoo Group in 1990 and became known as a successful businesswoman when she acquired the German brand MCM and made it into a top-name brand. She is also famous for donating 10 percent of all personal and business profits to various causes, including aids to the people of North Korea.