{"id":141647,"date":"2026-09-03T09:08:32","date_gmt":"2026-09-03T09:08:32","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/141647\/"},"modified":"2026-09-03T09:08:32","modified_gmt":"2026-09-03T09:08:32","slug":"kakao-restructures-decision-making-committee-in-wake-of-controversy-over-outsize-influence","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/141647\/","title":{"rendered":"Kakao restructures decision-making committee in wake of controversy over outsize influence"},"content":{"rendered":"<p>Audio report: written by reporters, read by AI<\/p>\n<p>                <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/09\/12480658.webp\" width=\"480\" height=\"320\" alt=\"Chung Shin-a, right, CEO of Kakao, talks with new employees during an event held at the Kakao AI Campus on Jan. 7. [KAKAO]\" loading=\"lazy\" style=\"\"\/><\/p>\n<p>\n            Chung Shin-a, right, CEO of Kakao, talks with new employees during an event held at the Kakao AI Campus on Jan. 7.<br \/>\n            KAKAO\n        <\/p>\n<p>Kakao will restructure its top decision-making body, the CA Council, in the wake of controversy over the panel&#8217;s outsize influence within the group.\u00a0<\/p>\n<p>The company said Friday it will replace four committees, two divisions and one support unit with three offices and four executive leads. The new structure takes effect Feb. 1, and the council\u2019s headcount will be cut from about 150 to roughly half.<\/p>\n<p>Under Corporate Alignment (CA) Council chair Chung Shin-a, Kakao will set up the Group Investment Strategy Office, Group Financial Strategy Office and Group Human Resources Strategy Office.<\/p>\n<p>Kim Do-young, CEO of Kakao Investment, will lead the investment strategy office, while Shin Jong-whan, Kakao&#8217;s chief financial officer, will head the financial strategy office. Hwang Tae-sun, who has overseen the council\u2019s secretariat, will shift to lead the human resources strategy office.<\/p>\n<p>Government relations, public relations, environmental, social, and governance (ESG) strategy and compliance functions previously handled by the committees will be assigned to four executives. Government relations will be led by Lee Yeon-jae, head of the Corporate Relations Support Unit, while public relations will be led by Lee Na-ri, chair of the Brand Communication committee.<\/p>\n<p>                <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/09\/12481143.webp\" width=\"480\" height=\"314\" alt=\"Kakao CEO Chung Shin-a [KAKAO]\" loading=\"lazy\" style=\"\"\/><\/p>\n<p>\n            Kakao CEO Chung Shin-a<br \/>\n            KAKAO\n        <\/p>\n<p>ESG will be overseen by Kwon Dae-yeol, chair of the ESG committee, and compliance will be handled by Jeong Jong-wook, chair of the Responsible Management committee.<\/p>\n<p>A Kakao representative said the company expects decision-making within the Kakao Group to be streamlined by introducing the executive-in-charge posts. The company also plans to significantly cut the CA Council\u2019s headcount, reducing it to roughly half from about 150.<\/p>\n<p>The CA Council was created in 2024 to coordinate competing interests among affiliates and serve as a group command center after a string of controversies in which executives at listed affiliates such as Kakao Pay and Kakao Bank sold shares when prices were near their peaks.<\/p>\n<p>Kakao founder Kim Beom-su and CEO Chung served as co-chairs to accelerate reforms. Over the two years since its launch, Kakao has cut the number of affiliates by 33 percent and increased executives\u2019 purchases of company shares.<\/p>\n<p>                <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/09\/12481454.webp\" width=\"480\" height=\"340\" alt=\"Kim Beom-su, founder of tech giant Kakao, speaks at a company training session for new employees at the company's AI Campus in Yongin, Gyeonggi, on Jan. 15. [KAKAO]\" loading=\"lazy\" style=\"\"\/><\/p>\n<p>\n            Kim Beom-su, founder of tech giant Kakao, speaks at a company training session for new employees at the company&#8217;s AI Campus in Yongin, Gyeonggi, on Jan. 15.<br \/>\n            KAKAO\n        <\/p>\n<p>But after Kim \u2014 who also served as head of the council\u2019s management reform committee \u2014 stepped back from management due to health issues in March of last year, critics say the reform drive lost momentum. Instead, they argue, too much authority became concentrated in the CA Council, adding another layer to decision-making.<\/p>\n<p>Some senior council executives were also accused of acting as \u201cgatekeepers,\u201d exerting outsized influence over affiliate CEO appointments and management.<\/p>\n<p>Inside Kakao, some say the latest overhaul focuses on downsizing but falls short of meaningful personnel changes.<\/p>\n<p>\u201cTo see real reform, you need to start by changing the executives, but this is another revolving-door reshuffle \u2014 titles change, people don\u2019t,\u201d an industry source said. \u201cEven after the restructuring, the same \u2018tower above a tower\u2019 problem will persist.\u201d<\/p>\n<p>This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.<\/p>\n<p>BY OH HYEON-WOO [<a href=\"https:\/\/www.koreajoongangdaily.com\/business\/kakao-restructures-decision-making-committee-in-wake-of-controversy-over-outsize-influence\/mailto:kim.minyoung5@joongang.co.kr\" rel=\"nofollow noopener\" target=\"_blank\">kim.minyoung5@joongang.co.kr<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"Audio report: written by reporters, read by AI Chung Shin-a, right, CEO of Kakao, talks with new employees&hellip;\n","protected":false},"author":2,"featured_media":141648,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[622],"tags":[827],"class_list":["post-141647","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kakao","tag-kakao"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/141647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=141647"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/141647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/141648"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=141647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=141647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=141647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}