Urgent.News

What's breaking now, across thousands of outlets.

Business

Kakao names Kim Do-young as co-chair of group control tower

Mobile platform giant Kakao Group named Kakao Investment CEO Kim Do-young as co-chair of the group’s control tower, ahead of the planned spin-off of its flagship unit Kakao Corp. Kakao Group said Monday that its CEOs agreed to appoint Kim as co-chair of the Corporate Alignment (CA) Council. Kim will lead the council alongside existing CA Council Chair Chung Shin-a, who is also CEO of Kakao Corp.…

Kakao names Kim Do-young as co-chair of group control tower

Kakao Group has appointed Kakao Investment CEO Kim Do-young as co-chair of the company's control tower, in preparation for the planned spin-off of its main subsidiary, Kakao Corp. This move was announced on Monday by the mobile platform giant. Kim will join CEO of Kakao Corp, Chung Shin-a, as co-chair of the Corporate Alignment (CA) Council.

The CA Council will oversee major decisions jointly until the spin-off of Kakao Corp occurs. This appointment aims to ensure continuity in key decision-making and bolster organizational stability ahead of the split. Kim, an investment specialist, previously held the position of investment banking director at Samsung Securities. Prior to that, he served as CFO of Kolon Mobility Group from 2022 to 2025.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at koreatimes.co.kr →

More in Business

KAI Targets Mexican Aerospace Market

Korea Aerospace Industries (KAI) announced on Sep. 28 that it signed a ‘Memorandum of Understanding (MOU) on Aerospace Industry Cooperation’ with the Mexican Federation of the Aerospace Industry…

  • KAI signs MOU with FEMIA and POSCO International on September 28
  • FEMIA, Mexico's largest aerospace organization, leads local industry exchanges
  • POSCO International supports Mexican companies in KAI's supply chain integration

Bibigo Expands K-Food Reach in Mexico

CJ CheilJedang’s global Korean food brand Bibigo successfully concluded its booth operation by capturing the attention of local consumers at the ‘2026 K-EXPO MEXICO’, which was held for four days on…

  • Bibigo showcased Korean food at 2026 K-EXPO MEXICO expo.
  • Visitors engaged in motion game representing four Korean flavors.
  • Bibigo aims to expand brand position in Mexican and South American markets.

More from Monday 28 September →