Yanolja Cloud, a global AI-powered travel solutions provider, has completed the formation of its executive leadership team to reinforce its dominance in AI technology.

Earlier this month, Yanolja Cloud appointed Jungsik Jang as its new Chief Technology Officer (CTO). A former Google engineer, Jang joined Yanolja in 2022 and has since been instrumental in advancing the company's global B2B solution technology as head of the Infrastructure Unit. As an AI visionary, Jang has spearheaded the development of hyper-personalized services by harnessing data-driven insights and innovative technologies such as AI and machine learning while contributing to automating travel environments and processes, significantly enhancing operational efficiency and delivering unparalleled value to Yanolja's customers.

Yanolja Cloud has been strategically assembling a leadership team optimized for global expansion and operational excellence. As part of the effort, the company appointed Hyunjung Kim as Global Chief Business Officer (CBO) at headquarters and Francesco Deledda as CEO of its subsidiary, Go Global Travel, solidifying Yanolja's global leadership. Additionally, the appointment of CFO Byungdeok Moon has aligned the company's financial operations with international standards. The latest appointment of CTO Jang underscores Yanolja's strategic commitment to advancing its AI and data capabilities while completing its executive lineup as a global technology leader. Moving forward, CTO Jang will work closely with Yanolja Group's Chief Technology Officer, Junyoung Lee, to accelerate the company's vertical AI initiatives.

Leveraging its global data lake of unparalleled scale, Yanolja Cloud is scaling its vertical AI businesses tailored to the travel industry. By the third quarter of last year, the company reported cumulative revenue of KRW 212.6 billion—an 87.1% year-over-year increase—and an operating profit of KRW 51.7 billion, making a return to profitability with a 25-percentage-point improvement in operating margin. This exceptional performance far surpasses its 2023 figures of 166.8 billion in revenue and KRW 10.3 billion in operating profit. Yanolja Cloud's intensified focus on AI solutions has propelled its profit margin to 33.1%, with an adjusted EBITDA of KRW 30.2 billion in the third quarter, continuing its record-breaking growth trajectory.

A Yanolja Cloud official stated, “By anchoring our strategy in two core pillars—global expansion and AI-driven innovation—we have swiftly optimized our leadership structure, reinforcing our innovative capabilities as a global tech company and establishing a foundation for sustainable growth. Through our vertical AI services and proprietary data solutions powered by AI and machine learning, we are committed to maximizing operational efficiency and profitability for our global clients, setting a new benchmark for the travel industry.”