South Korea’s Lee completes cabinet lineup with IT executive, lawmaker

South Korean President Lee Jae Myung has tapped an information technology firm executive as culture minister and a ruling party lawmaker as land min...

Hyundai Motor-backed Motional names AI veteran Laura Major as CEO

Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, an artificial intelligence and robotic...

Lee names nominees for prime minister, spy agency chief, other key posts

South Korean President Lee Jae-myung on Wednesday unveiled his nominees for major government posts, including prime minister and spy agency chief, i...

Leonardo's Coulter named Hanwha Aerospace’s 1st foreign global chief

Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...

Corstone Asia, Q Capital Partners to sell Norang Tongdak

South Korean private equity firms (PEF) Corstone Asia and Q Capital Partners plan to sell Norang Tongdak, the Korean-style fried chicken franchise.&...

Korea Investment Corp. appoints Park Il Young as its new CEO

South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...

HD Hyundai establishes foundation for shipyard accident victims

South Korea's HD Hyundai Co. established the HD Hyundai Hope Foundation (tentative name) to support the families of victims of major industrial acci...

HYBE replaces ADOR CEO; Ex-CEO Min barks at sacking

HYBE Co. has finally removed Min Hee-jin from ADOR, the label behind girl group NewJeans, as chief executive some four months after it failed to kic...

NCSOFT taps ex-Pearl Abyss US head to lead N.America unit

NCSOFT Corp., South Korea’s major gaming company, said on Monday it has appointed Jin Jeonghee, former head of the US operations of local riva...

Korea’s military fund taps ex-president of Woori Financial as CIO

South Korea’s Military Mutual Aid Association (MMAA), which managed 10.4 trillion won ($7.5 billion) in assets as of the end of 2023, has tapp...

Korea Inc.’s AI executives double with LG Group leading the pack

The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...

Ex-Porsche engineer Harrer to lead Hyundai’s high-performance push

Hyundai Motor Group is upping the ante to lead in the luxury and high-performance car market and speed up electrification by tapping a high-profile ...

Macquarie Korea Asset Management confirms two nominees

Macquarie Group has named two executives at its Seoul-based real asset investment unit, which manages the main Kospi-listed Macquarie Korea Infrastr...

Upstage establishes US subsidiary in Silicon Valley

South Korea's artificial intelligence (AI) startup Upstage announced on Monday that it established the US corporation Upstage AI in Silicon Valley, ...

LG Energy's new CEO aims to focus on qualitative growth

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, is set to focus on qualitative growth by securing leading ...

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...

Kim Young-shub, ex-LG CNS chief, to lead Korea’s telecom giant KT

Kim Young-shub, former chief executive of information technology service provider LG CNS Co., has been named to head South Korea’s leading tel...

KCGI Asset Management appoints former KIS head as new CMO

South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, former division head...

Bank of Korea appoints new senior deputy governor

The Bank of Korea announced on Friday that it has appointed Ryoo Sang-dae, the current vice president of Korea Housing-Finance Corp., as its new s...

SK Shieldus appoints former Samsung SDS president as new CEO

South Korean security company SK Shieldus announced on Tuesday that it has appointed Hong Won-pyo, former president of Samsung SDS, as its new CEO a...

Kia recruits exterior designer John Buckingham from BMW

Kia Corp. announced on Monday the recruitment of John Buckingham, a distinguished designer with an impressive portfolio that includes BMW, Bentley, ...

Binance acquires majority stake in S.Korea's crypto exchange Gopax

Binance, the leading cryptocurrency exchange globally, has acquired a majority stake in South Korea's Gopax by purchasing CEO Lee Joon-haeng's 41.2%...

Women break glass ceiling in South Korea's advertising sector

Major advertising agencies in South Korea have appointed women to the position of vice president. Because advertising is a field in which women are ...

CJ Group reshuffles CEOs with woman at helm of Olive Young

South Korea’s CJ Group carried out a CEO and executive reshuffle on Oct. 24 around two months earlier than previous year-end promotions to imp...

KIC appoints Lee Hoon as CIO and Jung Ho-seok as CRO

Korea Investment Corporation (KIC) said on Wednesday it has promoted Lee Hoon, its former head of investment strategy and innovation division, to th...

Lemon Healthcare aims for IPO and triple jump in revenue

Imagine making a doctor’s appointment with a click of a button on a smartphone app. Once at the clinic or hospital, the app will guide the use...

KTCU names financial investment head as new CIO

Korean Teachers’ Credit Union (KTCU) has named its former Financial Investment Department head Park Man-soo as its new chief investment officer,...

Real estate investment head resigns from KIC

The head of real estate investment at Korea Investment Corporation (KIC) has resigned from the South Korean sovereign wealth fund. Cha Hoon, appoint...

Police fund to appoint equities specialist as CIO

South Korea's Police Mutual Aid Association (PMAA) has picked Han Jong-seok, a former chief investment officer of Meritz Asset Management Co. and eq...

Battlegrounds Mobile India clocks 50 million downloads

Battlegrounds Mobile India (BGMI) has clocked 50 million downloads on Google Play in about 1-1/2 months after the game’s launch, its deve...