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Finance
Sh Suhyup Bank appoints Kim Yoon-ho as CEO of Sh Suhyup Asset Management
Sh Suhyup Bank said on April 13 it appointed Kim Yoon-ho, a former vice president at Hana Alternative Investment Management, as the new chief executive of its subsidiary Sh Suhyup Asset Management. The bank described the move as aimed at pushing a shift into a comprehensive asset manager spanning traditional assets and real estate alternative investments. It plans to strengthen expertise and expand synergies with the National Federation of Fisheries Cooperatives.
AI & Enterprise
Finance service developers test Amazon AI coding tool Kiro to fix outages
Amazon Web Services on April 10 held an AI-focused hackathon for finance industry participants, AWS GameDay 2026 for financial companies. KakaoBank’s Kiki404 team won for a second straight year. The competition used scenario-based missions in a sandbox environment, including application outage recovery and modernising legacy Java code. Participants used Amazon Q Developer and Kiro. A total of 96 people from 24 financial firms took part.
AI & Enterprise
For now, cloud AI is the answer even for finance as AI advances fast
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.