- 2024 regular organizational overhaul··· focusing on operational efficiency & synergy
- Vice President Jaeho Myung appointed to be the CEO of Encore
- “As a business-oriented investment company, we will accelerate the pace of innovation to deliver greater value to stakeholders including shareholders”

On December 7, SK Networks conducted 2024 regular organizational overhaul in line with the growth vision of its future business. The overhaul was inspired by a strategy to enhance operational efficiency of the organization as a business-oriented investment company and accelerate the pace of growth by creating synergy with the investees.

To that end, the Planning & Finance Division and the Sustainable Management Division were consolidated into the Management Support Division whereas the blockchain business was transferred to Encore, one of the investees, to bolster technological prowess by combining AI and data management competences.

Speaking of the management reshuffle, Director Yongmin Hwang in charge of planning was named the Director of the Planning & Finance Office and Vice President Jaeho Myung was appointed to be the CEO of Encore.

SK Networks vows to deliver greater value to stakeholders including shareholders by achieving stability and growth with an organizational structure that ensures more agile response to changes in business landscape.

An official at SK Networks emphasized, “we will render our planning, finance, and investment organizations more robust and forge ahead with global innovation to elevate our value as a business-oriented investment company amid ongoing instability at home and abroad.”