KT CEO Final Candidate Yoon Kyung-rim "Sympathize with Government and Shareholders' Concerns... Will Communicate"

Yoon Kyung-rim, Vice President of KT

[Asia Economy Reporter Kang Nahum] Yoon Kyung-rim, head of KT Group Transformation Division (President) and final candidate for KT CEO, stated on the 7th, "We will do our best to faithfully fulfill our role as a national company by actively participating in government policies."

In a statement released immediately after being selected as the final candidate by the KT board of directors, President Yoon said, "I feel a heavy responsibility for being selected as the KT CEO candidate."

He added, "I fully empathize with the recent concerns of the government and shareholders, and as a candidate, I will actively communicate and align with them until the shareholders' meeting."

He also said, "We will boldly innovate the issues of ownership dispersion corporate governance and problems caused by past practices that have become controversial. At the same time, since the stable operation of the network and digital infrastructure is directly connected to the daily lives of the people, we will ensure that there is no disruption even for a moment."

Regarding the recent decline in KT's stock price, President Yoon said, "Many shareholders are very worried, but we will do our best to prepare so that the business and organization can be settled early and shareholder value can be enhanced," adding, "I will share specific management directions and plans at an appropriate time in the future."

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