Nam Min-woong, head of the financial sales division at Okestro./Courtesy of Okestro

AI and cloud software corporations Okestro said on the 30th that it appointed Nam Min-ung, former chief executive of TmaxCloud, as head of the financial sales division.

Okestro plans to strengthen its technology-based sales system centered on the financial industry through this personnel move and speed up the expansion of its AI and cloud businesses.

Head Nam Min-ung began a sales career in the financial business division at TmaxSoft and served as head of the financial business division at TmaxTibero, chief executive at TmaxCloud, and head of business operations at URACLE. For about 20 years, Nam has led IT sales in the financial sector, next-generation system builds, and cloud migration projects, and is regarded as an expert in financial IT sales.

Nam built experience in system software-based financial IT solutions such as middleware and database management systems (DBMS), and led numerous next-generation systems and IT innovation projects for major financial companies including NH Financial Group, Hanwha Life Insurance, Meritz Securities, and the Korea Federation of Savings Banks. A strength often cited is connecting sales and research and development organizations to build business structures tailored to customer environments.

Okestro said it has carried out technical cooperation and joint seminars centered on financial and public cloud businesses with Head Nam since the Tmax years, and that this collaboration experience led to the latest appointment.

Head Nam will oversee Okestro's overall financial sales strategy and major project drives and will lead the expansion of AI and cloud-based financial businesses.

Head Nam said, "We will make 2026 the first year of spreading Okestro's financial business, strengthen sales strategies tailored to customer environments, and deliver results in AI and cloud-based businesses."

Okestro CEO Kim Beom-jae said, "As the financial industry's AI and cloud transition gains full steam, the importance of execution capabilities that span technology and sales is growing," adding, "With this personnel move, we will raise the competitiveness of our financial business by one level."

Meanwhile, Okestro provides a "Sovereign AI Cloud Data Center" solution that secures Data Sovereignty and enables control over AI infrastructure, and is building a 5MW enterprise-dedicated data center in its new Yeouido headquarters scheduled for occupancy in 2027.

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