my timesThe Korea Times

IBK signs deal to match jobseekers, SMEs in digital technology

Listen

The headquarters of the Industrial Bank of Korea (IBK) in central Seoul / Korea Times file

By Yi Whan-woo

The Industrial Bank of Korea (IBK) said Sunday it has signed a memorandum of understanding with the Seoul Business Agency and the Korea Artificial Intelligence Association to nurture talented workers in digital technology and help them land jobs in promising companies.

The deal comes in line with IBK's campaign to connect qualified jobseekers with small- and medium-sized enterprises (SMEs) that have struggled to find employees in the era of the digital transformation.

“The bank anticipates that it will contribute to helping SMEs overcome a lack of workers in digital technology and also offer quality jobs for young jobseekers,” IBK Chairman and CEO Yoon Jong-won said in a press release.

CEO Kim Hyun-woo of the Seoul Business Agency expressed hope that the agreement will “pave the way for highly-motivated jobseekers to find jobs that match demand.”

He noted that the agency, operated by the Seoul Metropolitan Government, is tasked with supporting SMEs in the nation's capital and that the three-way deal can bolster its goal.

The Korea Artificial Intelligence Association has more than 500 member companies nationwide. It seeks to promote AI-related products and services that can contribute to sustainable growth and joint prosperity between businesses and society.

Meanwhile, the IBK will organize two campaigns ― the first one between March 29 to 30 and the second one in May ― to match job applicants with corresponding companies.