Yoo Young-sang Appointed CEO of SKT and Concurrently CEO of SKB... Maximizing Wired and Wireless Synergy

Establishing a System to Achieve the 'AI Company' Vision through Organizational Restructuring
C-Level Responsible Management

Yoo Young-sang, CEO of SKT and SKB. Photo by SKT

[Asia Economy Reporter Oh Su-yeon] SK Telecom has established a system to take artificial intelligence (AI) as a growth engine and make a full-scale leap forward. Yoo Young-sang, SK Telecom CEO, will concurrently serve as the CEO of SK Broadband to maximize synergy between wired and wireless communications.

SK Telecom announced that it carried out an organizational restructuring and executive appointments on the 1st of 2023.

Yoo Young-sang, SKT CEO, said about this organizational restructuring, "This decision was made to build an optimal organizational structure for SKT to be properly recognized for its value by the market and customers, and to strengthen a leadership system equipped with the capability and expertise for responsible management."

SKT-SKB Yoo Young-sang CEO Concurrent Position... Establishing a System to Promote AI Company Transformation

With this organizational restructuring, SKT will focus on creating synergy with SKB. CEO Yoo Young-sang will concurrently serve as the CEO of SK Broadband, strengthening cooperation across business areas such as wired and wireless communications, media, and enterprise, as well as in all-around areas including brand and corporate culture.

Additionally, the 'Customer CIC' will be reorganized into separate organizations responsible for 'wired and wireless communications' and 'media,' respectively. Through this, SKT-SKB will enhance synergy in wired and wireless distribution networks and collaboration in the media business.

The 'Enterprise CIC' will also continue to strengthen competitiveness based on synergy between the two companies to promote comprehensive growth in the business-to-business (B2B) sector. Along with this, close cooperation will be pursued in infrastructure, brand, corporate culture, and other areas.

SKT announced its AI company vision and three major strategies last November. In this organizational restructuring, it has laid the foundation to strengthen AI capabilities and put them into practice.

The newly established 'A. Promotion Team' plans to strengthen the Future Planning Team by recruiting external experts and enhance service competitiveness through specialization in service planning and development, AI conversation, and data technologies. The newly created 'Digital Innovation CT (CDTO)' is responsible for redefining existing telecommunications businesses such as wired and wireless communications, enterprise, and media based on AI, and securing new growth engines. 'AIX (CTO)' is tasked with securing AI capabilities through investments in promising companies possessing core AI technologies and excellent talent, and spreading these capabilities throughout the company and other industries.

Strengthening C-Level Organization... Responsible Management Based on Capability and Expertise

SKT is strengthening the Chief Office functions to enable responsible management based on capability and expertise. Each top-level organization will be responsible for services and functions by area and focus on achieving the leap to an AI company and fulfilling the financial story.

C-level executives such as Chief Strategy Officer (CSO), Chief Financial Officer (CFO), and Chief Data Officer (CDO) will act as strategic partners to the CEO, leading the enhancement of current business profitability and future growth.

Comm. Service (CPO) oversees communication services such as 'Chatting+,' 'NUGU,' and 'T Phone,' and is also responsible for pre-checking the quality and satisfaction of company products and services. Next services will lead growth centered on subscription services like 'T Universe,' 'Ifland,' 'PASS,' and 'T Deal,' focusing on partnerships, global expansion, and investment discovery.

SKT explained that in the 2023 executive appointments, it appointed executives with recognized capability and leadership by superiors, colleagues, and members, and boldly gave opportunities to talented individuals. Through this appointment, SKT newly appointed 20 executives.

CEO Yoo Young-sang said, "Let this be a year to leap forward as an AI company by maximizing service and technological competitiveness based on AI capabilities," and added, "Let SKT and SKB create solid growth in business areas as one team."

△ Yoo Young-sang SK Telecom - SK Broadband CEO

△ Kim Ji-hyun A. Promotion Team Future Planning Team Lead and PMO Lead

△ Kim Ji-hoon A. Promotion Team Future Planning Team Lead

△ Kim Young-jun A. Promotion Team Future Planning Team Lead and Conversation Lead

△ Lee Jun-hyung A. Promotion Team Future Planning Team Lead and Development Lead

△ Son In-hyuk A. Promotion Team Future Planning Team Lead and PMO Lead

△ Lim Bong-ho Customer CIC Lead and Mobile CO Lead

△ Kim Sung-soo SK Telecom - SK Broadband Customer CIC Lead and Media/Content CO Lead

△ Jang Hyun-gi SK Telecom - SK Broadband Digital Innovation CT Lead (CDTO)

△ Lee Hyun-ah Comm. Service Lead (CPO)

△ Kim Kyung-duk SK Telecom - SK Broadband Enterprise CIC Lead

△ Yang Seung-hyun AIX Lead (CTO)

△ Han Myung-jin Corporate Strategy Lead (CSO) and Next Service Lead

△ Cho Young-rok CR Lead (CCRO)

△ Son In-hyuk A. Promotion Team, PMO Lead and Future Planning Team Lead

△ Lee Jun-hyung A. Promotion Team, Development Lead and Future Planning Team Lead

△ Lee Jung-ryong A. Promotion Team, Data Lead

△ Kim Sang-beom Customer CIC, Mobile CO Distribution Lead

△ Kwon Hae-sung Customer CIC, Digital Innovation CT AI/DT Lead

△ Choi Jae-won Customer CIC, Regional CP West Lead

△ Bok Jae-won ICT Infra, Infra Red Lead

△ Lee Jong-hoon ICT Infra, Infra Strategy Technology CT Infra Eng Lead

△ Seok Ji-hwan Cloud Technology, Cloud Data Lead and A. Promotion Team, Data Data Infra Lead

△ Kim Dong-hyun Corporate Strategy, Brand Strategy Brand Comm Lead

△ Jo Sang-hyuk Corporate Development, Strategic Partnership Lead

△ Eom Jong-hwan ESG, ESG Promotion ESG Alliance Lead

△ Lee Young-tak CR, CR Support Lead

△ Han Sang-dong CR, Growth Support Lead

△ Min Bu-sik Corporate Culture, ER Lead

△ Hong Seung-jin SK Broadband Customer CIC, Wired Business CO Marketing Strategy Lead

△ Lee Chang-hoon SK Broadband Customer CIC, Media CO Content Lead

△ Choi Sung-kyun SK Broadband Enterprise CIC, DC CO Lead

△ Jung Dae-in GDG Lead

△ Noh Jae-sang Malaysia Country Office Lead

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