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SoftBank board loses Uniqlo founder; South Korean telco KT picks next CEO

S&P Global Market Intelligence presents a monthly rundown of executive and board changes in the Asia-Pacific technology, media and communications industries.

Top news

* Fast Retailing Co. Ltd. Chairman and CEO Tadashi Yanai resigned as an external board director of SoftBank Group Corp. According to the Nikkei Asian Review, Yanai departed the tech conglomerate's board after 18 years to focus on Fast Retailing, the parent company of Uniqlo Co. Ltd., a clothing retailer he founded.

* KT Corp. selected Koo Hyun-mo, head of the company's customer and media division, to become its next CEO, Korea JoongAng Daily reported, citing a company statement. The nomination of Koo, who will succeed Chairman and CEO Hwang Chang-gyu, will be finalized during a shareholders' meeting in March 2020.

* Deng Linhai, former operations director at Tencent Music Entertainment Group, joined Beijing ByteDance Technology Co. Ltd.'s Douyin, LatePost reported. Deng will be in charge of the short video app's music business in China.

Media industry moves

* Sony Pictures Networks India Pvt. Ltd. appointed Raj Mohan Srinivasan as chief information officer. Srinivasan, who has over 30 years of industry experience, previously worked for companies such as International Business Machines Corp. and Oracle Corp.

* In more Sony Pictures Networks India news, the company's video-on-demand service SonyLIV appointed Manish Aggarwal as head of growth and monetization of its digital business. Before joining SonyLIV, Aggarwal was the principal cluster head of advertising sales at Zee Entertainment Enterprises Ltd.

* CJ Group promoted younger executives and increased the number of female executives at its annual reshuffle, Korea JoongAng Daily reported. The Korean conglomerate elevated Choi Jin-hee, CEO of Studio Dragon Corp., to a senior executive vice president post. Studio Dragon is the production subsidiary of CJ Group's entertainment arm CJ ENM CO. Ltd.

* Warner Bros. International Television Distribution Inc. restructured its sales operations in Asia, Deadline reported. The company promoted Jae Chang to senior vice president for Southeast Asia and Korea. Meanwhile, Tony Cornish, vice president of sales at the distribution division, will leave the company at the end of March.

Communications industry moves

* HKBN Group Ltd. appointed Sam Tan in the newly created position of chief innovation officer, responsible for developing the company's IT strategy to foster innovation. Tan brings more than 30 years' experience in IT leadership from companies such as HP Inc. and FedEx Corp.

* Stefan Knight commenced his CFO position at Spark New Zealand Ltd. on Dec. 20, 2019. He was also appointed a director of Spark Finance Ltd. Knight succeeded David Chalmers, who left the company to join IOOF Holdings Ltd.

Technology industry moves

* Samsung Group, whose leader is facing bribery charges, appointed external experts to a new oversight panel that will monitor potential misconduct at the group companies, Reuters reported. The compliance panel will comprise seven members: two from legal circles, two from academia, two from civic groups and one from Samsung Electronics Co. Ltd.

* Baidu Inc. hired former Alibaba Group Holding Ltd. executive Chu Yu to oversee government affairs and public relations, according to Sina, which cited local media reports. Yu, who previously was vice president for Alibaba, also worked at JD.com Inc.

* Chang Cheng, former head of Lenovo Group Ltd.'s smartphone unit, joined Xiaomi Corp. as a vice president, South China Morning Post reported, citing a company statement. Cheng will oversee mobile phone product planning at Xiaomi.

* Nokia Corp. named David Oxford as country director for Thailand, The Nation reported. Oxford was previously Nokia's customer team head at PT Indosat Tbk in Indonesia.

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