Departing Hwang Chang-gyu: "I Want KT's Future to Be Remembered with the New CEO"

[Image source=Yonhap News]

[Asia Economy Reporter Koo Chae-eun] Hwang Chang-gyu, Chairman of KT (pictured), concluded his six-year term on the 25th with a request to "make the KT Group number one." Chairman Hwang is recorded as the first CEO to complete a renewed term since KT's privatization, serving a full six years.

In his farewell address delivered through the company's internal broadcast, Hwang Chang-gyu stated, "I want to be remembered as the CEO who renewed KT's future, sources of growth, and spirit." He cited achievements during his term such as leading the global market in 5G, a core infrastructure of the 4th Industrial Revolution, securing first place MIT competitiveness with 5 million Giga Internet subscribers and 8 million IPTV subscribers, expanding AI business areas, and leading innovative technologies including energy, security, blockchain, cloud, and big data.

Chairman Hwang added, "(In addition,) we also worked on solving social issues such as Giga Story and the Global Epidemic Prevention Platform (GEPP), and these achievements were possible thanks to the strong competitiveness of our nationwide field teams," expressing that these moments will remain unforgettable and moving. He said, "I want to be remembered as the CEO who renewed KT's future, sources of growth, and spirit," and urged, "I hope you will make the KT Group, with its 135-year history, number one globally by surpassing the achievements made so far."

Hwang Chang-gyu is regarded as 'Mr. 5G' for having presented a vision ahead of others for the commercialization of 5G. In 2015, at the Mobile World Congress (MWC) held in Barcelona, Spain, he declared the "world's first 5G mobile communication." KT plans to appoint President Koo Hyun-mo as the new CEO at the regular shareholders' meeting on the 30th. President Koo is the first internal CEO in 12 years.

This content was produced with the assistance of AI translation services.