US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings 
IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks 
Binance to Shut Down Crypto Mining Pool Services on November 10 
Syndax Stock Drops 15% After Axatilimab Trial Failure 
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns 
UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks 
South Korea Blocks 27 Crypto Exchange Websites in Regulatory Crackdown 
Oil Prices Rise as Houthi Attacks Threaten Middle East Supply 
European Stocks Rise as Oil Prices Fall Ahead of US CPI 
Russia Approves Sberbank for Crypto Exchange Services 
Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed 
Albertsons Seeks $9.3 Billion From Kroger Over Failed Merger 
European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports 
Bank of America Predicts Yen Rebound as USD/JPY Faces Risks 
Gold Prices Rebound as Dollar Weakens Ahead of US Inflation Data 
US Dollar Rises for Fourth Week as Fed Rate Hike Bets Grow 
Elon Musk Donates $366 Million to 2026 US Midterms 
Add as a preferred source on Google
IBM Korea made an announcement on Thursday, July 8, and it was related to a major shake-up in its line of company executives. It was revealed that it has appointed a new country general manager, and the firm chose Won Sung Shik for the post.
The new appointment at IBM Korea
According to The Korea Herald, the newly-appointed executive will be replacing IBM Korea’s former chief executive officer, Song Ki Hong. Song will be vacating his post as he was transferred to another job which will be supervising the company’s ASEAN operations in addition to the company’s S. Korean unit’s global business service.
"I feel honored with great joy to be the leader of the organization where I started my career, and I look forward to leading the company through the next phase of its growth in South Korea," the new chief stated after his official appointment. "Through IBM's differentiated strategy focused on hybrid cloud and artificial intelligence (AI) solutions, we will position ourselves as a business partner that plays a pivotal role in our clients' growth.”
He added that IBM Korea would continue to listen to its customers so they can provide the right products and services. Won said that they will listen to what they have to say with an open mind so the company can also continue to contribute to their customers’ growth and success.
In the last part of his speech, Won Sung Shik said that he is overwhelmed as he has come so far starting from his career position. He said that as the new CGM at IBM Korea, he is very excited to lead the team to the next level.
About Won Sung Shik
As posted in The Korea Times, Won got his first job at IBM Korea in 1991, and from there, he has acquired experience and expertise in various fields across the company’s multiple businesses that include marketing, finance, hardware, and global technology services.
He briefly left the company and worked for SK Telecom for four years, and this was from 2011 to 2015. While there, he has been successful in leading the telecom’s enterprise solutions business.
Finally, after his short stint in SK Telecom, he went back to IBM Korea and started to work in its technology venture. He led the company’s tech group in developing its hardware systems, cognitive software, and cloud solutions.
