Gabey Goh Sunny Um
May 13, 2016

JWT restructures in Korea following bribery scandal

SEOUL - Following the arrest and ongoing legal proceedings of former Korea MD Junghwan Kim over bribery charges, J. Walter Thompson Asia-Pacific has confirmed that it will establish a new unit in partnership with sister agency Y&R in Korea.

Junghwan Kim

“The new unit will operate within the YR office, under the J. Walter Thompson name, and be managed by YR’s managing director for Korea in partnership with J. Walter Thompson’s Asia Pacific and YR Asia Pacific’s chief executive officers,” JWT said in a statement this morning.

It is understood that only the international business division of JWT is moving under YR.

The statement came in response to queries...

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