KT Partners with Shinhan Bank and Kyobo Life at KAIST to Foster 'Financial DX' Talent

by Oh Suyon

Published 16 Sep.2022 09:30(KST)

Updated 15 Mar.2023 18:34(KST)

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Training scene of the 1st Financial-IT Convergence AI·DX Industry-Academia Program conducted by KAIST in 2021. Photo by KT

[Asia Economy Reporter Oh Su-yeon] KT announced that it will start the second phase of the ‘Finance-IT Convergence AI·DX Industry-Academia Program’ on the 16th, which was established at the Korea Advanced Institute of Science and Technology (KAIST) College of Business.

The industry-academia program aims to cultivate digital convergence talent by combining expertise in artificial intelligence (AI) and digital transformation (DX) across the financial and IT sectors. The first phase of the program was launched in April last year. Shinhan Bank has newly joined the second phase of the program established this year. Starting from this day, a total of 42 employees from KT Group, Shinhan Bank, and Kyobo Life Insurance Group will participate as trainees and receive 11 weeks of education on topics including ▲digital transformation and big data analysis ▲AI technology and business applications ▲digital innovation strategies and robotic services.

The education is led by KAIST College of Business faculty, along with top-level professors from the AI Graduate School and the Department of Industrial Engineering. Trainees will carry out digital transformation projects across all areas such as corporate work processes, customer experience delivery, and business performance creation. They will also receive specialized education in strategies and business analytics to lead the digital economy by enhancing value based on big data.

Jin Young-shim, Head of KT Group Talent Development Office (Executive Director), said, “Last year, through the industry-academia education program involving various companies, we were able to secure digital practical personnel and achieve significant results in leading the digital transformation of the industry.” He added, “Through this second phase, we expect to enhance the capabilities of employees in finance and information and communication technology, and for each field to converge and create synergy, thereby expanding the digital ecosystem.”