No Kyung-hoon (노경훈), head of financial business at Amazon Web Services Korea, said there are no technical or regulatory problems with using cloud in finance and that AI will accelerate cloud adoption. He said building AI infrastructure in internal data centres can become a burden as AI changes quickly and new technology may be hard to use on existing systems. He cited a survey of about 150 firms showing around 60 percent use or plan cloud because of AI.

KT is drawing attention for a rapid round of affiliate leadership changes ahead of the expected appointment of CEO nominee Park Yoon-young at a March 31 shareholders meeting. Key units are naming new heads, including KT Skylife, KT Alpha and BC Card, while other affiliates prepare board agendas. The moves are raising questions about KT’s future management direction and possible shifts in business strategy and internal restructuring.