Quick takes
/COEX appoints as new CEO
COEX, exhibition organiser and venue in Korea, announced the appointment of Cho Sang-hyun as its new CEO for a three-year team from March 2025 to March 2028. Cho, formerly director of Korea International Trade Association’s (KITA) International Trade and Commerce Research Institute, joined KITA in 1990, has built extensive expertise in international trade and commerce, serving key leadership roles.
Gaurav Sood appointed as new CEO of Messe Stuttgart India
Messe Stuttgart India Pvt. Ltd., a subsidiary of Messe Stuttgart in Delhi, appointed Gaurav Sood as its new CEO. He will succeed Aditya Gupta who had been temporarily managing Messe Stuttgart India since June 2024. Sood has 25 years of experience in the MICE industry in India, with the last 5 years as General Manager of Hyve India.
MEA ceases operations after 50 years
Meetings and Events Australia (MEA) announced to cease its operations on 27th March 2025. In addition, the annual MEA National Conference, scheduled to held in June 2025 in Sydney, will also be cancelled. The decision of cease the operation was due to MEA has been unable to secure the necessary cash sponsorship to maintain its activities.
Indonesia’s event sector losses US$27m
Indonesia’s event industry recorded 638 events to cancel or postpone, following government-imposed budget cut. A survey estimated the event cancellations and postponements to loss about US$27 million, with affecting key business cities the most.