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Kakao appoints scandal-ridden former executive of KakaoBank as new CTO

Kakao, the operator of Korea s top mobile messenger, has appointed Jung Gue-don, scandal-ridden former chief technology officer (CTO) of its financial affiliate, KakaoBank, as its new CTO, industry sources said Tuesday.

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First female CEO takes helm at Kakao

Korean IT giant Kakao on Thursday appointed Chung Shin-a as its first female, chief while it is facing urgent challenges in revamping its corporate culture and management. The announcement was made as she gained a nod from shareholders during the annual meeting and a separate approval from the board of directors earlier in the day at the company’s headquarters in Jeju Island. After being named as the CEO nomine.

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