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 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.
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