SK ElecLink Appoints Ryu Young-jun, Former KakaoPay CEO, as New CEO

[Financial News] Electric vehicle charging specialist SK ElecLink announced on the 29th that it has appointed Ryu Young-jun, former CEO of KakaoPay, as the new CEO.
Appointee Ryu has built his career at major companies such as Samsung SDS, Kakao, and KakaoPay, and has been active at the center of digital innovation in Korea as a representative tech-based manager. In particular, during his tenure as CEO of KakaoPay, he led the growth into a comprehensive financial platform based on the country's first simple payment system. 
SK ElecLink is not only expanding EV charging infrastructure but also advancing its subscription-based software (SaaS) EV charging platform, investing in technology research and development (R&D), and innovating data-centric services to become a leading platform company in the domestic EV industry. SK ElecLink explained, "This appointment is based on the judgment that appointee Ryu, who possesses both technology and platform capabilities, is the right person to lead this change and leap forward." 
In particular, SK ElecLink has completed registration as the first in the electric vehicle charging industry for electronic financial business (prepaid and PG business), strengthening service capabilities based on the convergence of finance and platforms, such as charging credits and roaming services. The company expects that the recruitment of appointee Ryu will further accelerate the advancement of this technology-based service system. 
An SK ElecLink representative stated, “Appointee Ryu is a leader with understanding and execution capabilities across technology, customer experience, and platform strategy,” adding, “SK ElecLink will play an important role in advancing beyond the EV charging platform to lead the future mobility market.”
Meanwhile, SK ElecLink was a subsidiary of the SK Group, with SK Networks as the largest shareholder, but recently SK Networks decided to sell part of its shares to the private equity fund Anchor Equity Partners, thus transferring the position of largest shareholder. 

soup@fnnews.com Lim Soo-bin Reporter