KT appoints long-time employee as new CEO

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KT appoints long-time employee as new CEO

KT appointed CEO Ku Hyeon-mo during a Monday shareholder meeting - the mobile carrier’s first new leader in six years.

Ku was named the final candidate last December. He will serve his term as the mobile carrier’s leader for the next three years.

“Talking to various stakeholders in and outside the company for the past three months, I’ve sensed both anticipation and concerns with KT,” Ku said.

It’s the first time in 11 years that a KT employee has risen to the top position. His predecessors in the past decade had built careers outside the mobile carrier either as government officials or at other companies.

Straight out of Seoul National University, Ku joined KT in 1987 when the company was still a state-owned telecommunications company. He previously served as the customer and media division head.

“A digital innovation led by artificial intelligence, big data and 5G will mark the start of a new era in information and communications technology. Our future is bright as long as we use this opportunity to lead change in other industries and people’s lives,” Ku said in a message to KT staff on Monday after the shareholders’ approval.

By Song Kyoung-son

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