KT's board has overhauled its rules to increase the CEO's autonomy over organisational reshuffles.

KT said on April 23 that its board revised parts of its board rules at an April meeting held after the shareholders meeting.

The revision updated matters related to personnel and reorganisations. The board deleted an existing rule that required prior board approval when the CEO pushes ahead with appointments or dismissals of division head-level executives and organisational reshuffles. It also decided to change reorganisation-related matters from "prior reporting" to "reporting" to the board.

KT's board also recommended that outside directors linked to suspected violations of internal rules be restricted from attending board and committee meetings and participating in deliberations until judicial findings are confirmed, and that they not exercise voting rights.

KT's board expects the measures to strengthen the CEO's responsible management and allow the board to focus on its core role of management decision-making and oversight.

KT board chairman Yong-heon Kim (김용헌) said, "This resolution is intended to improve the rationality and transparency of board operations and to clarify further the roles of the CEO and the board." He said, "With the launch of a new CEO system, we will establish a governance structure that meets the expectations of shareholders and stakeholders through continuous institutional improvements."