Citiky, Choi Chi-ho Promoted to President... 'Establishment of Product Planning Headquarters'

Published 31 Mar.2023 13:04(KST)

Cosmetics platform company CTK announced on the 31st that Choi Chi-ho, Vice President of the Beauty Business Division, will be promoted to President effective next month on the 1st.

President Choi Chi-ho is a seasoned cosmetics expert with a background as a pharmacist and experience at LG Household & Health Care and Intercos. Since joining CTK in 2020, he has overseen sales and the cosmetics business, leading the advancement of the B2B beauty platform and strengthening research and development (R&D).

He structured cosmetics ODM tasks such as small-batch production specialized service MOQ 1000, branding, and product planning to fit the digital platform on the B2B beauty platform CTK Clip. He succeeded in attracting numerous overseas clients, diversifying the client portfolio, and laying the foundation for growth.

Going forward, under President Choi Chi-ho’s leadership, a specialized product planning division, the Product Planning Headquarters, will be established to propose new products aimed at increasing sales centered on the CTK Clip platform. The sales headquarters will be subdivided by role to operate efficiently, strengthening the organization of the Beauty Business Division.

CTK will promote Executive Director Lee Jong-ho of the Finance Division to Vice President to enhance the role of Chief Financial Officer (CFO) in increasing corporate value and managing the overall group’s governance and financial structure. Um In-young, currently a manager, will be promoted to Director to oversee the newly established Product Planning Headquarters in the Beauty Business Division.

A CTK official stated, "We have carried out executive personnel changes to strengthen expertise in the cosmetics business and drive rapid growth while simultaneously enhancing corporate value."

The executive promotions are as follows.

◇ President Choi Chi-ho

◇ Vice President Lee Jong-ho