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President Lee Chae-kwang of Korea Housing and Urban Guarantee Corp.(HUG).President Lee Chae-kwang, of Korea Housing and Urban Guarantee Corporation (HUG), and Mike Forster, Wilson Center COO, signed an agreement in a ceremony at the Wilson Center on August 16, 2018, to launch a joint research initia…
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Chairman Kwon Yong-won of the Korea Financial Investment Association.(Kofia). (Photo: Kofia)Korea Financial Investment Association (Kofia) released a total of 21.4 trillion won in direct financing to the small and medium enterprises (SMEs) and the reform-minded firms last year through the capital ma…
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Chairman Park Hyeon-joo of Mirae Financial Group. (Photo: Mirae Asset)Mirae Asset Daewoo is to focus on four major areas of its operation this year, such as globalization, investment banking, digitalization and retirement fund, with a target of being a top bank in the world by 2025. It aims to fully…
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President Yoon Yeol-hyun of Kyobo Life Insurance Co. (Photos: Kyobo Life)Kyobo Life Insurance Co. named advisor Yoon Yeol-hyun as its president on March 6, taking over some of the responsibilities from Shin Yong-gil, the life insurance firm announced on March 7.The personnel move is intended to ease…
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Chairman Choi Jong-gu of the Financial Services Commission(FSC).The Financial Services Commission with the support of the Ministry of Justice and the Ministry of Economy and Finance came up with the Financial Reform Plan centered in the Future Growth Potential and Venture Capital, and the FSC announ…
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Chairman Eun Sung-soo of the Export and Import Bank of Korea (Eximbank). (Photo: Eximbank)The Export and Import Bank of Korea (Korea Eximbank) is ready to provide 62 trillion won in investments, loans and 13 trillion won in credit guarantees this year to help the Korean firms clinch project orders o…
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President Moon Chang-yong of Korea Asset Management Corp(KAMCO)The Korea Asset Management Corporation (KAMCO) set up a special unit to take charge of reviewing the selection of the companies for the development of state-owned land managed by KAMCO. The special unit will also review the agreements si…
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President Wi Sung-bak of Korea Deposit Insurance Corp.(KDIC)The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation established in 1996 to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance management, risk survei…
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Chairman Cho Yong-byoung of Shinhan Financial Group.Shinhan Financial Group said on March 24 it launched the Shinhan Reform Finance Promotion Committee to give financial support to SMEs, venture firms and reform-minded firms. The move is in step with the government’s Productive Financial Vision.Pre…
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Chairman Yoon Jong-kyoo of KB Financial Group.Chairman Yoon Jong-kyoo of KB Financial Group said the group will look for a life insurance firm this year for takeover to strengthen the group’s fundamentals. He made the comments at a general meeting of the shareholders on March 27. He was answering a…
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President & CEO Lee Young-jun of Lotte Chemical. (Photos: Lotte Chemical)“We have to set reform and improvement milestones faithfully and carry out not only long-term global business restructuring but also a business structure shift of domestic …
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President Kim Jong-chool gives his inaugural speech as he took office as KAI’s 9th president of KAI at an inauguration ceremony at KAI headquarters in Sacheon, Gyeongsangnam-do, on March 19. (Photos: KAI)Under the leadership of new President Kim Jon…
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Minister of Climate, Energy and Environment Kim Sung-hwan gets a briefing on electrode boiler from KDHC CEO Jeong Yong-ki as he toured KDHC’s branch in Hwaseong, Gyeonggi-do, on March 11. Korea District Heating Corp. (KDHC) has built a communit…
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(From left) Czech Deputy Prime Minister and Minister of Industry and Trade Karel Karel Havlíček, Son Seung-woo, Head of Doosan Enerbility’s Power Services Business Group, Daniel Procházka, COO of Doosan Skoda Power, and Kim Jeong-kwan…
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