The Korea Times
KT appointed Park Yoon-young as its new CEO at a shareholders meeting Tuesday and announced a sweeping organizational restructuring and executive reshuffle aimed at strengthening its core telecom business and accelerating growth in artificial intelligence (AI) transformation (AX). The overhaul includes a 30 percent cut in executive-level officials and a full replacement of key department heads, as the company seeks to rebuild trust, streamline management and boost operational agility. Particularly in business-to-business, AX and AI divisions, it said it appointed younger, performance-driven leaders, naming two new vice presidents: former KT Engineering chief Kim Bong-gyun to oversee the enterprise division and former IT Platform Senior Director Ok Kyung-hwa to lead the overall IT division. The company also reorganized its research and development division into the AX-dedicated institution to focus on AI development, while a newly created IT division will oversee platform operations and infrastructure modernization. The newly launched AX business division that focuses on its business-to-b
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